Rahm words

[whereismybailouttv]

Why do you have to wait for a crisis to act? Why is that something to be proud of?

[shlobkilla]

eh... The big thing is, is that socialism has yet to work in any shade or coloring that its described as. When any government tries any form of Totalitarian Government imposed on them it fail by the shear fact there is no room for improvement or free thinking, which spawn most invention if not all. Economy flourishes with less strictures on spending, it slows down, goes into a recession, then falls into a depression when we limit frivolous spending.

[statdis]

which is exactly why pumping borrowed money with red wording all over it into a capitalist system won't resuscitate an overdrawn economy.

[shlobkilla]

your right the other recessions that we have had were solved through the spending of money BECAUSE THIS IS WHAT A CAPITALIST ECONOMIC SYSTEM IS BUILT ON, but the big thing is us spending our money ECONOMICS must be an empty class room nowadays... but whats red wording?

[tawny624]

A steaming pile of bullshit. Too bad you work for the same people as the Republicans, Rahm, you traitorous douchegag.

[slitrobo]

YOU have CHEESE between YOUR ears!

Before the Hannity lovefest Rush said on his own show he hopes Obama fails. He goes on to say nothing about socialism but talks about Obama and liberalism. The whole thing is obviously meant to grab attention without difference about the damage it will cause. Enjoy your Kool-Aid.

[jjrglobal]

I think what he actually said was he hopes socialism fails as do I

[slitrobo]

You must have cheese in your ears because that is not what he said.

[jjrglobal]

@slitrobo

I went back to the original interview with Sean Hannity and he said "If Obama's plan is far left collectivism or socialism then I want him to fail"

So WTF are talking about? You must have cheese between your ears.

[athews1976]

Yes!! Ha Ha Ha... Rush digging the republican party's grave. Ha Ha Ha... I love it. Bring it Rush bring it. Screw'em real good! Ha Ha Ha...

[dkkght]

Rahm, I do not remember him speaking out against the federal spending when he was in the congress but now he wants America to tighten the belt but he is part of the machine in power that is spending like drunken sailors.

[FurkDaJerk]

I don't get it.

Obama has already failed.

[micsc50]

Limbaugh wants Obama's policy to fail and so do I. I don't want socialism to take over this country. Capitalism will work if the democRATs stay out of our banks and other businesses.

[hhtf]

Thought provoking, to say the least.

[MonsterSound]

The banks are zombies, Wall St. execs hid wild risks and extreme leveraging for their own short term massive gain rather than protect their companies and investors. Capitalism can survive with transparency and proper regulation which is what the President is attempting. As far as health care and education, that must be within the role of public not the private (at least if the US want to be competitive).

[micsc50]

Thats because the government made it all possible you stupid fuck!!

[ThereasontN]

what breathtaking stupidity.....ok..stay off OUR socialized roads, keep your kids out of OUR socialized schools, and inspect your own damn food, water, and drugs for safety. Don't call OUR socialized fire or police departments either. And unplug from the socialized electricity grid, too...and make your own damn power...Good luck, moron.

[micsc50]

I will because none of the above are any good. The public schools suck. You might get salmanila from the food. Your house will burn down because the fire hydrants are dry. I have to have a stand- by generator because the coal fired power pland is half ass. By the time the police respond its to late. Good luck is what everyone needs in this country even you moron.

[L8nitedave]

I've never seen Rush given an accurate description of Obama's policies. I would want what Rush says they are to fail too. Bottom line is if you are listening to Rush and actually believe him, then you pretty much don't know whats really going on. That is why Obama and team are so willing to elevate him to "leader."

[micsc50]

You don't know whats going on and neither does your lord and savior Obama. Rush has forgot more than the messiah Obama will ever know. Obama only knows what Harry and Nancy tell him and thats the problem. He let those two loons write the porkulus bill and he doesn't even know whats in it. If Obama is so great why is the stock market in a free fall?

[L8nitedave]

Don't know, let's ask Rush,.... Ahhh here it is. The economic problems that occured in the Bush administration were caused by the previous administration. Ok so there's your answer it was from the previous administration eight years ago and now Obama has crashed things in only a few weeks, But things were perfect for the 8 years in between. You really buying this?

[micsc50]

YES!!Have you ever heard of the community reinvestment act. This was started by Carter and brought back to life by Clinton. This was the government strong arming the banks to make loans to low income borrowers. Banks don't normally loan money to people that can't payback the loan. Why were some people allowed to borrow enough money to flip houses?

[L8nitedave]

Well you can start by understanding the mortgage business. A mortgage broker can explain it to you if you are unaware. People made some BIG money by some unscoupulous means and it is we the taxpayers who are left holding the bag and some are even loosing their homes. But I have to warn you, there is a downside to understanding all this. You'll no longer have the comfort of Rush's BS to rely upon.

[micsc50]

My information did not come from Rush ass hole. And I understand the mortgage business and I also understand stock holders were greedy and there is plenty of blame to go around.

[jjrglobal]

None of these sub prime loans could have or would have been made without the GSE's explicit guarantee of the mortgages. Mortgage companies can only write mortgages that investors are willing to buy and investors would not have touched these MBS's without that guarantee. So the problem lies solely with Freddie and Fannie, for without them none of this could have taken place. When you take away risk, there are unintended consequences.

[L8nitedave]

right, good one try that one out now!

[jjrglobal]

@L8ritedave

WTF does this mean?

[DDsyr]

micsc50 is actually right. the community reinvestment act is a far greater reason we are in this mess than the so called "greed of wall street". clinton reinstated this act right before he left office, and it takes time before people start defaulting on their loans and filing for bankrupcy, hence why weve been in this mess now. study economics.

[micsc50]

I don't need to study economics. You loan money to unqualified borrows yo will have problems. Barney the banking queen guaranteed the banks that the gov. would back up these loans. And guess what? They did.