random off-topic thread - Page 78

Newman · October 5th, 2008, 06:59 AM

Roxpert, when you get some rest, and I don't mean to put you on the defensive, but could you explain why or if HEDGEFUNDS are not regulated?

I was listening to the Bernie Sanders hour with Thom Hartmann last Friday on Air America, am760, 7pm. He was making my head spin. Usually I find Bernie too dry to listen to. He was trying to discuss "credit default swaps", which he said maybe 5 people in the country understood. Derivatives. Hedgefunds which are not regulated.

TIR, you still want NO REGULATION, like John McCain has advocated for 25 years?! Isn't that why we are in the mess we are in today? It's a giant casino out there. Greed has brought us to this mess. Trickle down doesn't work. Instead of giving the $700B to the bankers and wheeler dealers who caused this mess why not give it to the people? We could use it to pay off mortgages, buy cars, put kids thru college, infuse small businesses. Why not try trickle up?

Does that document start with "we, the investment bankers, in order to form a more perfect union..."?

TIR, how is this any different than the 1929 stock market crash, buying on margin, no regulation, greed? Conservative theory simply does not work. Trust multi national corporations? This is what happens when you trust them! They need to be policed, regulated. CEOs responsible need to be jailed, not given golden parachutes! Personal responsibility!

Jackass, are you saying I should get out of the L2010 fund completely, NOW, and into the safe G fund? Doesn't this fly in the face of the old canard that I grew up with, buy low, sell high? The cartoon in the Sunday Post says it all today, in the Perspective section. Husband's jaw hits the ground as he's looking at his computer screen at his 401k. Wife says "You just had to look, didn't you!" I'm afraid to look at mine!!!

Finally, I think I'm going to vote for Sarah Palin. She's hot! And I swear, while I was watching the debate, that she winked at me 3 times! Isn't that what we need in the White House, an executive who knows how to flirt?! You betcha, doggone it. I'm gonna vote for McFailin! Tina Fey and the SNL writers were terrific last night. I wish I had taped it. Painfully funny...

wolf213 · October 5th, 2008, 09:15 PM

I too am a Government worker, but have all my funds in the L2040 account. I figure I have lots of time until I retire so why not. I'm actually thinking about upping what I currently put in right now (5% plus the government matching up to 4%) but not sure if the buy low sell high thing works with the TSP's or not.

I think I am wanting to vote for McCain Palin... SNL is so much better at making fun of Palin then they are of Obama, and isn't that whats important?

Newman · October 6th, 2008, 05:59 AM

So you want more of the same, then, wolf?

McCain has always been in bed with NO REGULATION. Trust the free market. Trust the multinational corporations.

What about McCain attracts you? That he was a prisoner for 5 years, in another war we shouldn't have been in, had no way to win?

Do you like the small government part of McCain? Maybe he should do away with your job then?

Isn't the Republican position to shrink govt, to trust corporations to create new jobs. But they don't! How many jobs have been lost under Bush? The Conservative approach is to make as much profit as possible, crush unions, outsource jobs to Communist China so we can exploit slave labor. What part of that is attractive to you, wolf?

Or...when Sarah Palin winks at you...is it that you think you might get lucky with her? Is that it? Are you Joe Sixpack? That's what I'm thinkin, you betcha. Can't you see thru that act?

wolf213 · October 6th, 2008, 07:59 AM

You can't recognize sarcasm newman. The one thing that appealed to me about McCain was when back in 2000 he was willing to work with both sides of the aisle and was more of a moderate. Thats all been lost recently with him siding with Bush over 90% of the time.

The Republican party now a days do not represent main conservative values what so ever. A true conservative wouldn't be spending 10 billion in Iraq each month for example. I a true conservative would push for a 700 billion dollar bailout. I agree with the conservative ideals that money needs to be saved and not wasted on pork and barrel spending. But Bush hasn't represented that, and I doubt that McCain would either. If it were Ron Paul that would be another thing.

So I think I will go with Obama this year... not because I want to or because I like him, I think after the Bush failures we need someone from the other side to guide this nation back a little bit, while I hope that a true conservative is up or election in 4 years.

indianadrew · October 6th, 2008, 04:31 PM

i am not really sure if i really care who wins between mccain and obama. i'd kinda like to see the rays win the WS.

my buddy at work, cubsfan, was very depressed today. theres always next year.

theres always next year

Roxpert · October 6th, 2008, 08:12 PM

John McCain has been a corrupt fraud for a long time.....

YouTube - KEATING ECONOMICS: John McCain & The Making of a Financial Crisis

Newman · October 7th, 2008, 06:05 AM

wolf, sorry I missed the sarcasm. Maybe you need to label it as such? I think of you as a Conservative, and message board posting doesn't help make reading nuance easy.

I wish Obama had been against the bailout, errrrrrrrr rescue. If he and McCain are on the same side of this issue, where's the choice? Where's the difference? It's easy to be depressed about the country, this financial mess...this recession

Or are we headed to a DEPRESSION? Have we nationalized the banks, or just some of the banks? What is the Viceroy, Henry Paulson, doing with our $700B of tax money? It's scary and confusing.

6 straight days of big losses on the Dow Jones! What will today bring?

I'm standing pat. One of my customers said "it's not a loss until you sell." I'm going with that strategy for now...

Newman · October 18th, 2008, 06:01 AM

I hope he's enjoying his 15 minutes of fame, that John McCain forced on him.

He owes how much money in back taxes? Makes roughly what I make, $48,000/year.

And he's a registered REpublican.

Obama's tax plan would help him, as it would help 95% of Americans, everyone who makes under $250,000/year. And yet Joe will vote for McCain. More of the same. Why? Because of Rush Limbaugh/Sean Hannity propaganda? The constant pounding of the right wing spin machine led by Bill O'Reilly and Glenn Beck and all the others?

If you only hear one point of view...

Newman · October 18th, 2008, 06:03 AM

Sarah Palin on SNL tonite.

Joe the Plumber has done more interviews than Sarah Palin.

What does that say???

indianadrew · October 18th, 2008, 07:28 AM

you can relax newman. i think the tide has turned. i am still not voting for obama, but i think he is going to win. i think he will do a fine job as president. in the last debate, i think mccain came across as a cranky old guy. the type whom EVERYBODY knows. you know the type that thinks that they are right and anyone who thinks otherwise is wrong.somebody who get iratated if they are asked to explain themselves. the type that thinks that everybody should respect them because they are old. i am not saying that he is that guy but perception is everything. IMO he apeared to be that guy.

Roxpert · October 18th, 2008, 11:34 AM

Let's face it, guys.

Either Obama wins clean or McCain wins dirty.

If the former happens, America will be on the road to healing its divisive wounds, and our image in the world will take a major uptick. It could even help our battered stock market as foreign capital will be directed once again to American investments.

If the latter happens, McCain will preside over a bitterly divided nation that will be on the edge of a civil uprising. Our bad economy and the fact that McCain will have achieved a "pyrrhic victory" with lies and smears will make it impossible for him to govern effectively.

This election will truly be a national "IQ test". Let's see how smart we are.

BigRapidsJackass · October 18th, 2008, 01:41 PM

One of the more interesting things I've read lately. Amazingly, over a year into the subprime mess, over six months after Bear Stearns collapsed, and about a month since the entire U.S./Western European economy collapsed ...

... and Canada appears to be relatively unaffected.

Worldwide Financial Crisis Largely Bypasses Canada - washingtonpost.com

Intelligent regulation? Maybe so. (And this from a libertarian.)

I've thought for a long time that a candidate for the presidency could do a lot worse than simply saying "Hey, let's just copy Canada." That's long been true for health care and education, and now it is apparently true for the banking/monetary system, too.

And that's what I can't stand about U.S. politics. If you dare admit that some other country does something better, you'll be shouted out as "UnAmerican." Why? Isn't the USA great because it has been endlessly inventive and adaptable? Doesn't that mean you borrow from good, proven ideas wherever you might find them?

Newman · October 22nd, 2008, 05:52 AM

Another good post, Jackass.

I concur.

And this is done in sports all the time. The west coast offense was a success under Walsh. Everybody copied it. The one inning shut down closer became the vogue. Copy that. Pitch counts. So on and so forth.

What's wrong with copying France or Sweden or Canada? Nothing.

Roxpert · October 22nd, 2008, 03:33 PM

Newman, some Americans are too "proud" or have a veneer of "superiority" to look elsewhere in the world and see what works over there that we may want to use. We are an isolated people who are insular and don't acknowledge that some social democracries may actually have systems that help educate and care for their citizens in a manner far superior to our own system.

I'm a capitalist and a liberal Democrat who really sees nothing wrong with borrowing from other advanced societies if it's gonna help our own society improve. I'm all for progress, and that's reallly what being progressive is all about. Too many Americans are stuck in dogma (religious, right wing, or otherwise) and can't see the forest for the trees. We should be a more humble society, and admit we don't have all the answers. Maybe France, Sweden, and even Britain or Canada can give us a few tips.

Newman · October 23rd, 2008, 05:18 AM

It only makes sense. If there's a better way to do something, well, then do it! Who was the first soccer style field goal kicker? Pete Gogolak of my Bills? Before that everyone kicked like Lou the Toe Groza. Now everyone kicks like Pele.

So to keep doing the same thing, no regulation on Wall Street, trust the free market, and expect different results...is the definition of insanity.

October 5th, 2008, 06:59 AM	#1156 (permalink)
Newman Veteran Member Join Date: Dec 2006 Location: Aurora Posts: 566	Roxpert, when you get some rest, and I don't mean to put you on the defensive, but could you explain why or if HEDGEFUNDS are not regulated? I was listening to the Bernie Sanders hour with Thom Hartmann last Friday on Air America, am760, 7pm. He was making my head spin. Usually I find Bernie too dry to listen to. He was trying to discuss "credit default swaps", which he said maybe 5 people in the country understood. Derivatives. Hedgefunds which are not regulated. TIR, you still want NO REGULATION, like John McCain has advocated for 25 years?! Isn't that why we are in the mess we are in today? It's a giant casino out there. Greed has brought us to this mess. Trickle down doesn't work. Instead of giving the $700B to the bankers and wheeler dealers who caused this mess why not give it to the people? We could use it to pay off mortgages, buy cars, put kids thru college, infuse small businesses. Why not try trickle up? Does that document start with "we, the investment bankers, in order to form a more perfect union..."? TIR, how is this any different than the 1929 stock market crash, buying on margin, no regulation, greed? Conservative theory simply does not work. Trust multi national corporations? This is what happens when you trust them! They need to be policed, regulated. CEOs responsible need to be jailed, not given golden parachutes! Personal responsibility! Jackass, are you saying I should get out of the L2010 fund completely, NOW, and into the safe G fund? Doesn't this fly in the face of the old canard that I grew up with, buy low, sell high? The cartoon in the Sunday Post says it all today, in the Perspective section. Husband's jaw hits the ground as he's looking at his computer screen at his 401k. Wife says "You just had to look, didn't you!" I'm afraid to look at mine!!! Finally, I think I'm going to vote for Sarah Palin. She's hot! And I swear, while I was watching the debate, that she winked at me 3 times! Isn't that what we need in the White House, an executive who knows how to flirt?! You betcha, doggone it. I'm gonna vote for McFailin! Tina Fey and the SNL writers were terrific last night. I wish I had taped it. Painfully funny... Last edited by Newman; October 5th, 2008 at 07:08 AM.

October 7th, 2008, 06:05 AM	#1162 (permalink)
Newman Veteran Member Join Date: Dec 2006 Location: Aurora Posts: 566	wolf, sorry I missed the sarcasm. Maybe you need to label it as such? I think of you as a Conservative, and message board posting doesn't help make reading nuance easy. I wish Obama had been against the bailout, errrrrrrrr rescue. If he and McCain are on the same side of this issue, where's the choice? Where's the difference? It's easy to be depressed about the country, this financial mess...this recession Or are we headed to a DEPRESSION? Have we nationalized the banks, or just some of the banks? What is the Viceroy, Henry Paulson, doing with our $700B of tax money? It's scary and confusing. 6 straight days of big losses on the Dow Jones! What will today bring? I'm standing pat. One of my customers said "it's not a loss until you sell." I'm going with that strategy for now... Last edited by Newman; October 9th, 2008 at 05:40 AM.

October 18th, 2008, 06:01 AM	#1163 (permalink)
Newman Veteran Member Join Date: Dec 2006 Location: Aurora Posts: 566	Joe the Plumber votes against his own self interest I hope he's enjoying his 15 minutes of fame, that John McCain forced on him. He owes how much money in back taxes? Makes roughly what I make, $48,000/year. And he's a registered REpublican. Obama's tax plan would help him, as it would help 95% of Americans, everyone who makes under $250,000/year. And yet Joe will vote for McCain. More of the same. Why? Because of Rush Limbaugh/Sean Hannity propaganda? The constant pounding of the right wing spin machine led by Bill O'Reilly and Glenn Beck and all the others? If you only hear one point of view...

October 18th, 2008, 07:28 AM	#1165 (permalink)
indianadrew Veteran Member Join Date: Nov 2006 Location: indianapolis Posts: 698	you can relax newman. i think the tide has turned. i am still not voting for obama, but i think he is going to win. i think he will do a fine job as president. in the last debate, i think mccain came across as a cranky old guy. the type whom EVERYBODY knows. you know the type that thinks that they are right and anyone who thinks otherwise is wrong.somebody who get iratated if they are asked to explain themselves. the type that thinks that everybody should respect them because they are old. i am not saying that he is that guy but perception is everything. IMO he apeared to be that guy. Last edited by indianadrew; October 18th, 2008 at 09:22 AM.

LinkBacks (?) LinkBack to this Thread: http://www.fanhome.com/forums/colorado-rockies/1592-random-off-topic-thread.html
Posted By	For	Type	Date
Colorado Rockies - FanHome	This thread	Refback	January 6th, 2007 02:48 PM

October 5th, 2008, 09:15 PM	#1157 (permalink)
wolf213 Member Join Date: Nov 2006 Location: Thornton Co Posts: 197	I too am a Government worker, but have all my funds in the L2040 account. I figure I have lots of time until I retire so why not. I'm actually thinking about upping what I currently put in right now (5% plus the government matching up to 4%) but not sure if the buy low sell high thing works with the TSP's or not. I think I am wanting to vote for McCain Palin... SNL is so much better at making fun of Palin then they are of Obama, and isn't that whats important?

October 6th, 2008, 05:59 AM	#1158 (permalink)
Newman Veteran Member Join Date: Dec 2006 Location: Aurora Posts: 566	So you want more of the same, then, wolf? McCain has always been in bed with NO REGULATION. Trust the free market. Trust the multinational corporations. What about McCain attracts you? That he was a prisoner for 5 years, in another war we shouldn't have been in, had no way to win? Do you like the small government part of McCain? Maybe he should do away with your job then? Isn't the Republican position to shrink govt, to trust corporations to create new jobs. But they don't! How many jobs have been lost under Bush? The Conservative approach is to make as much profit as possible, crush unions, outsource jobs to Communist China so we can exploit slave labor. What part of that is attractive to you, wolf? Or...when Sarah Palin winks at you...is it that you think you might get lucky with her? Is that it? Are you Joe Sixpack? That's what I'm thinkin, you betcha. Can't you see thru that act?

October 6th, 2008, 07:59 AM	#1159 (permalink)
wolf213 Member Join Date: Nov 2006 Location: Thornton Co Posts: 197	You can't recognize sarcasm newman. The one thing that appealed to me about McCain was when back in 2000 he was willing to work with both sides of the aisle and was more of a moderate. Thats all been lost recently with him siding with Bush over 90% of the time. The Republican party now a days do not represent main conservative values what so ever. A true conservative wouldn't be spending 10 billion in Iraq each month for example. I a true conservative would push for a 700 billion dollar bailout. I agree with the conservative ideals that money needs to be saved and not wasted on pork and barrel spending. But Bush hasn't represented that, and I doubt that McCain would either. If it were Ron Paul that would be another thing. So I think I will go with Obama this year... not because I want to or because I like him, I think after the Bush failures we need someone from the other side to guide this nation back a little bit, while I hope that a true conservative is up or election in 4 years.

October 6th, 2008, 04:31 PM	#1160 (permalink)
indianadrew Veteran Member Join Date: Nov 2006 Location: indianapolis Posts: 698	i am not really sure if i really care who wins between mccain and obama. i'd kinda like to see the rays win the WS. my buddy at work, cubsfan, was very depressed today. theres always next year. theres always next year

October 18th, 2008, 06:03 AM	#1164 (permalink)
Newman Veteran Member Join Date: Dec 2006 Location: Aurora Posts: 566	Sarah Palin on SNL tonite. Joe the Plumber has done more interviews than Sarah Palin. What does that say???

October 18th, 2008, 11:34 AM	#1166 (permalink)
Roxpert Veteran Member Join Date: Nov 2006 Location: Denver Posts: 1,082	Let's face it, guys. Either Obama wins clean or McCain wins dirty. If the former happens, America will be on the road to healing its divisive wounds, and our image in the world will take a major uptick. It could even help our battered stock market as foreign capital will be directed once again to American investments. If the latter happens, McCain will preside over a bitterly divided nation that will be on the edge of a civil uprising. Our bad economy and the fact that McCain will have achieved a "pyrrhic victory" with lies and smears will make it impossible for him to govern effectively. This election will truly be a national "IQ test". Let's see how smart we are.

October 18th, 2008, 01:41 PM	#1167 (permalink)
BigRapidsJackass Veteran Member Join Date: Nov 2006 Posts: 1,175	One of the more interesting things I've read lately. Amazingly, over a year into the subprime mess, over six months after Bear Stearns collapsed, and about a month since the entire U.S./Western European economy collapsed ... ... and Canada appears to be relatively unaffected. Worldwide Financial Crisis Largely Bypasses Canada - washingtonpost.com Intelligent regulation? Maybe so. (And this from a libertarian.) I've thought for a long time that a candidate for the presidency could do a lot worse than simply saying "Hey, let's just copy Canada." That's long been true for health care and education, and now it is apparently true for the banking/monetary system, too. And that's what I can't stand about U.S. politics. If you dare admit that some other country does something better, you'll be shouted out as "UnAmerican." Why? Isn't the USA great because it has been endlessly inventive and adaptable? Doesn't that mean you borrow from good, proven ideas wherever you might find them?

October 22nd, 2008, 05:52 AM	#1168 (permalink)
Newman Veteran Member Join Date: Dec 2006 Location: Aurora Posts: 566	Another good post, Jackass. I concur. And this is done in sports all the time. The west coast offense was a success under Walsh. Everybody copied it. The one inning shut down closer became the vogue. Copy that. Pitch counts. So on and so forth. What's wrong with copying France or Sweden or Canada? Nothing.

October 22nd, 2008, 03:33 PM	#1169 (permalink)
Roxpert Veteran Member Join Date: Nov 2006 Location: Denver Posts: 1,082	Newman, some Americans are too "proud" or have a veneer of "superiority" to look elsewhere in the world and see what works over there that we may want to use. We are an isolated people who are insular and don't acknowledge that some social democracries may actually have systems that help educate and care for their citizens in a manner far superior to our own system. I'm a capitalist and a liberal Democrat who really sees nothing wrong with borrowing from other advanced societies if it's gonna help our own society improve. I'm all for progress, and that's reallly what being progressive is all about. Too many Americans are stuck in dogma (religious, right wing, or otherwise) and can't see the forest for the trees. We should be a more humble society, and admit we don't have all the answers. Maybe France, Sweden, and even Britain or Canada can give us a few tips.

October 23rd, 2008, 05:18 AM	#1170 (permalink)
Newman Veteran Member Join Date: Dec 2006 Location: Aurora Posts: 566	It only makes sense. If there's a better way to do something, well, then do it! Who was the first soccer style field goal kicker? Pete Gogolak of my Bills? Before that everyone kicked like Lou the Toe Groza. Now everyone kicks like Pele. So to keep doing the same thing, no regulation on Wall Street, trust the free market, and expect different results...is the definition of insanity.