[Rhodes22-list] Andrew, Elle & Herb, comments on your posts.

[Herb Parsons]

I had to smile. It was interesting to see you use "sociopaths" where I 
THINK you meant sociologists. However, I could understand a case being 
made that the the terms are interchangeable.

Tootle wrote:
> Andrew,
>
> I am sorry about your loss of being able to use credit to conduct your
> business.  Actually, use of credit has little to do with capitalism but
> rather economics Keynesianism and manipulated market theory. 
>
> Understand the biggest single cause of the current economic ‘Bubble’
> bursting was the manipulation of mortgage market by National Democrats,
> specifically Sen. Dodd of Connecticut and Barney Frank of Massachusetts. 
> These two induced Fanny Mae and Freddie Mac to push mortgages without
> historical safeguards.  
>
> Specifically they pushed giving mortgages without sufficient down payments
> to assist mortgage lenders in recovering from default and pushed giving
> mortgages with balloon payments to those who would not be able to meet the
> ballooning payment.  Read the information available and you will find that
> the Bush administration requested better oversight and stricter lending
> requirement.  Those two National Democrats and their associates hindered or
> stopped better control.  That is a big part of the current credit crises.
>
> This as Stan would say, according to Cindy Spitzer, was a ‘Bubble’.  The
> bursting of this bubble crippled the historically reliable mortgage market
> by making all mortgages credit suspect.  This included all the packages of
> credit made from those mortgages.  
>
> This has ‘mortally’ harmed the credit industry.  This has harmed not only
> getting credit but those who historically have used it to smooth contact
> payments out to pay routine business expenses. This harm caused by Fanny Mae
> and Freddie Mac will last 50 years or more.  Thank those in the U. S.
> Congress who wanted to use the credit industry to finance social aims. 
> Thank you for supporting those candidates.
>
> So how is above this any different from Obama’s other ‘Progressive Goals?’ 
> Unfortunately, those who understand economics understand the problems that
> an Obama administration will have and cause.  Maybe the stock market will
> stabilize?  However, the harm inflicted on U. S. credit will linger.  
>
> I am sorry that this will cause you great personal harm.  What were Warren
> Buffett’s remarks the other day about future inflation and devaluation of
> the U. S dollar?  Thank Barney and Chris and fellow travelers, and your
> support of those policies and the policies advocates.
>  
> Elle said, “Educators haven't 'turned over' discipline; it has been ripped
> out of their control by laws and regulations and lawsuits.”  Yes thank
> plaintiff’s attorneys for over zealous advocacy of minor issues and nominal
> harms.  We have at least one of those guys, on this forum.  Actually, we
> have several but they lay low least they hear about their activities.
>
> Herb said, “At the same time, if we as parents were more involved in the
> educational process of our children, most of us would be surprised at
> exactly what we can do. However, in the relative vacuum of parental
> involvement, the bureaucracies have thrived like a fungus, and we've ended
> up where we are now.”  
>
> The simple truth is not all parents have time to be involved.  When both
> parents work, as is needed in today’s times to make ends meet, they do not
> have time to attend PTA and other activities.  
>
> Discipline was integral when I attended school.  It has been hamstrung by
> bureaucracies and sociopaths and those wanting schools to develop socially
> conscious students.  Just read about the themes advocated by Obama’s friend
> Bill Ayers.  He disregards schools to build basic math and communication
> skills for social purposes. Yet, we have so many who follow the sheep
> herder…
>
> Ed K
>  
>
>
>
>
>   

-- 
Herb Parsons