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Old 02-05-2013, 01:15 PM   #21
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Quote:
Originally Posted by gator996 View Post
I don't owe you crap...

You bring up a law thats 20 plus years old to explain the actions of today's GOP?


Better yet hold your breath...a real long time...
Be careful, he might sue you for that apology.
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Old 02-05-2013, 01:29 PM   #22
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This'll teach that bad old ratings agency to interfere with the ruination of the country. Let's all watch while the Obama thug "Justice" Department ruins Standard and Poors. Eric Holder's picture belongs on the wall of shame right there next to Janet Reno. I wonder which one holds the title of having the most innocent people murdered?
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Old 02-05-2013, 01:34 PM   #23
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Originally Posted by wargunfan View Post
This'll teach that bad old ratings agency to interfere with the ruination of the country. Let's all watch while the Obama thug "Justice" Department ruins Standard and Poors. Eric Holder's picture belongs on the wall of shame right there next to Janet Reno. I wonder which one holds the title of having the most innocent people murdered?
Isn't he in jail for accessory to murder?
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Old 02-05-2013, 01:37 PM   #24
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It would be interesting to know who was shorting S & P heavily the last month or so.
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Old 02-05-2013, 01:45 PM   #25
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Quote:
Originally Posted by G8trGr8t View Post
It would be interesting to know who was shorting S & P heavily the last month or so.
Me too. I thought insider trading was against the law, even for politicians.
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Old 02-05-2013, 01:50 PM   #26
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Translation: government looking for ways to scrounge up more cash. Between this and "helping us" with our retirement funds, they could catch their second wind.
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Old 02-05-2013, 01:54 PM   #27
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No need for the insults folks.
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Old 02-05-2013, 02:02 PM   #28
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Quote:
Originally Posted by LittleBlueLW View Post
Today's GOP has nothing at all to do with the topic discussed in your OP. None, nada, zilch.

You apparently dont understand the law under which the current administration is filing the suit was signed into law by that bad ol man Bush (can you say GOP?) 23 years ago. If he hadnt signed the bill into law 23 years ago, there would be no basis for this Federal lawsuit and you wouldnt be here getting your head bashed in with the facts.

Be careful with the small minded crap.

Can you say democratic congress authors the bill that Bush signs?
(How cheap to afford Bush I the only "credit"...)

Is this the perfect picture of partisan myopia...

Debating credit for a 20 plus year old law for a previous & unrelated mortgage crisis?


Hilarious.


You think FIRREA regulation could pass the GOP today?



It strengthed CRA, allowed for personal liability for bank officers, allowed for penalties for misrepresentation on banks, it created 2 more gov't agencies by creating the OTS & FHFB, and mandated subsidies for low income housing.

Its blamed for the credit crunch in the early 90's that occured in the mortgage industry.


Tell me again about what I don't understand...



What do you understand?
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Old 02-05-2013, 02:07 PM   #29
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You can find the 401k/IRA seizure idea in various egghead proposals over the years, so it is one of those things that will spew forth as an attempt by the political left from everywhere and nowhere at once.

So let's leave aside getting distracted by trying to trace the idea and stay ideological -- is there anyone willing to go out and say that such a thing is legal or moral? That they would support it if proposed?
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Old 02-05-2013, 02:10 PM   #30
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Quote:
Originally Posted by gator996 View Post
Can you say democratic congress authors the bill that Bush signs?
(How cheap to afford Bush I the only "credit"...)

Is this the perfect picture of partisan myopia...

Debating credit for a 20 plus year old law for a previous & unrelated mortgage crisis?


Hilarious.


You think FIRREA regulation could pass the GOP today?



It strengthed CRA, allowed for personal liability for bank officers, allowed for penalties for misrepresentation on banks, it created 2 more gov't agencies by creating the OTS & FHFB, and mandated subsidies for low income housing.

Its blamed for the credit crunch in the early 90's that occured in the mortgage industry.


Tell me again about what I don't understand...



What do you understand?

What does an answer to another hypothetical question do for this conversation? Who gives a frogs fat ass whether or not FIRREA could pass today. The fact is, it did pass, Bush signed it and it is the law under which Attorney General is filing this suit.

This is a good thing and, , it's bipartisan whether you like it or not.

Comprende?
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Old 02-05-2013, 02:31 PM   #31
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Quote:
Originally Posted by LittleBlueLW View Post
What does an answer to another hypothetical question do for this conversation? Who gives a frogs fat ass whether or not FIRREA could pass today. The fact is, it did pass, Bush signed it and it is the law under which Attorney General is filing this suit.

This is a good thing and, , it's bipartisan whether you like it or not.

Comprende?
Oh, it became bipartisan now...

OK, its obvious you need help here...

To recap...

My opinion, a Romney DOJ never brings this action
My point, GOP isn't doing anything about accountability for financial crisis
Some argue that lawsuits are not important
You argue that the GOP does care because of 20+ yr old bipartisan law

And to answer your question...

Everyone should give a "fat frog's ass" whether financial regulation can pass this house GOP because obviously we've had another RE crisis since the S&L crisis which is what put FIRREA into existence.

I suppose you believe that no further regulation is required.

It amazing...you guys bitch about Fannie & Freddie losing money and when the DOJ tries to recover taxpayer money from fraud you complain that government is wasting its time.

Some are giving credit to the GOP....some think its a gov't takeover...some think its a waste of time....


The only facts here are the DOJ has been bringing lawsuits against those organizations who tanked this economy and stole taxpayer money and defrauded customers.

And that's occuring because of the Obama administration....

Not George Bush I....
Not the GOP who has been fighting all regulation....

Because of Obama & Eric Holder...


That is all.
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Old 02-05-2013, 02:42 PM   #32
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Quote:
Originally Posted by gator996 View Post
Oh, it became bipartisan now...

OK, its obvious you need help here...

To recap...

My opinion, a Romney DOJ never brings this action
My point, GOP isn't doing anything about accountability for financial crisis
Some argue that lawsuits are not important
You argue that the GOP does care because of 20+ yr old bipartisan law

And to answer your question...

Everyone should give a "fat frog's ass" whether financial regulation can pass this house GOP because obviously we've had another RE crisis since the S&L crisis which is what put FIRREA into existence.

I suppose you believe that no further regulation is required.

It amazing...you guys bitch about Fannie & Freddie losing money and when the DOJ tries to recover taxpayer money from fraud you complain that government is wasting its time.

Some are giving credit to the GOP....some think its a gov't takeover...some think its a waste of time....


The only facts here are the DOJ has been bringing lawsuits against those organizations who tanked this economy and stole taxpayer money and defrauded customers.

And that's occuring because of the Obama administration....

Not George Bush I....
Not the GOP who has been fighting all regulation....

Because of Obama & Eric Holder...


That is all.
Well perhaps you should just state your case in your OP rather than posing a hypothetical for which there is no right answer in your mind.

You still have no idea whether or not these suits would be going forward if Romney were elected. And that was the topic of the OP.
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Old 02-05-2013, 02:49 PM   #33
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Originally Posted by LittleBlueLW View Post
Well perhaps you should just state your case in your OP rather than posing a hypothetical for which there is no right answer in your mind.

You still have no idea whether or not these suits would be going forward if Romney were elected. And that was the topic of the OP.

You are now in charge if setting posting rules?
I can't state a hypothetical?

OK, let's state a fact...
....the GOP has done nothing since the mortgage crisis in terms of reform...

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Old 02-05-2013, 02:57 PM   #34
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and the dems have done the exact same amount. nothing meaningful has been done to address the real problem, just political grandstanding and feel good legislation that addresses symptoms and does nothing to cure the disease.

just like 0care. does nothing to address the real problem of cost of healthcare and the drain it puts on the economy. all hat, no cattle

and it is convenient how you fail to address any of the videos that show the dems protesting against the notion of a housing bubble or possible problems at fannie and freddie.
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Old 02-05-2013, 02:57 PM   #35
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Quote:
Originally Posted by gator996 View Post
You are now in charge if setting posting rules?
I can't state a hypothetical?

OK, let's state a fact...
....the GOP has done nothing since the mortgage crisis in terms of reform...

Not at all. It just shows your original intent was to bait rather than discuss.

And I agree that the GOP hasn't done jack. But then again, they dont hold the highest seat in all the land either. Perhaps some real leadership from anyone would bode well for those of us who dont give a rip which side does it.
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"The danger to America is not Barack Obama, but a citizenry capable of entrusting a man like him with the Presidency. It will be far easier to limit and undo the follies of an Obama presidency than to restore the necessary common sense and good judgment to a depraved electorate willing to have such a man for their president. The problem is much deeper and far more serious than Mr. Obama, who is a mere symptom of what ails America. Blaming the prince of the fools should not blind anyone to the vast confederacy of fools that made him their prince. The Republic can survive a Barack Obama, who is, after all, merely a fool. It is less likely to survive a multitude of fools, such as those who made him their president." Author Unknown

"The arrogance of officialdom should be tempered and controlled, and assistance to foreign hands should be curtailed, lest Rome fall." Cicero 55 BC
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