[Rhodes22-list] Brad & Bell E, Political question

Sat Sep 27 13:27:45 EDT 2008

Herb -  I for one don't think this is a left or right issue and didn't make
any reference to either side in my posts.You know me, I pretty much hate
both parties.  I was referring to your past comments suggesting that liberal
media spin was overstating the mortgage problem. The fact is the media if
anything had understated the problem. If this comments I mentioned were from
a different Herb my humble apologies.. Two years ago many of my friends and
family were calling me chicken little .. I worked in Mortgage Banking for
over 12 years so I was a little closer to the issues than most. So again if
you weren't the Herb that stated the liberal media was creating the problem
I do stand corrected..

OK?

Fair Winds,  Wally

On Sat, Sep 27, 2008 at 12:23 PM, Herb Parsons <hparsons at parsonsys.com>wrote:

> Excuse me Wally,
>
> Just because I agree with a lot of the basic ideas and philosophies
> (though frankly, not the most important one to me) with Brad and Ed, you
> had no such "optimistic opinions" from me. I've not offered much in the
> way of economic advice, and none in the way of stock advice. I
> understand very little of the economy, it numbs my brain, and I have
> very very little in the way of stock holdings. (What few I have are
> mutual funds, but I am becoming a partner in my company, THAT's a
> "stock" that I have some direct control over).
>
> Too often folks on this list tend to divide the group into "those like
> me, and those not like me", and make everyone alike.
>
> As to the "no bail out", no I don't think the government can fix this.
> However, I think they can put some things into place that will allow the
> people to fix it.
>
> TN Rhodey wrote:
> > Did Brad really say this crisis is worse than people think...congrats it
> > looks like you finally got it! I told you this was going to be huge 2.5
> > years ago. But no no no....Brad you really had your blinders on but it
> > sounds like you may be catching up!......Thankfully I ignored the
> optimistic
> > opinions of Brad, Ed, Herb (maybe a few others).and made dramatic changes
> to
> > my meager portfolio over the last 2 years.  Now i am worried about my
> bank
> > closing.....there is only so much FDIC insurance to go around.  Bank runs
> > are making a comeback. What is safe?
> >
> > I say no bail out! Let the chips fall..... It will be ugly but does
> anyone
> > really think the government can fix this? Plenty of blame to go around
> but
> > this is all about greed at every level.  I find no joy in seeing my fears
> > realized......hopefully not my WORSE fears.
> >
> > Maybe we could fix this the "American" way.......we can get one of those
> > Credit Repair/Tax Settlement companies to renegotiate our debt with
> > China.....or can we just default on our debt and tell China tough shit?
> We
> > can put the White House on the national "Do Not Call" list and get a new
> > unlisted phone number for the White House.  The national FICO score will
> go
> > down the shitter but a good credit repair company could help us rebuild
> our
> > credit in a mere matter of a couple of years.  Problem solved. Just
> > kidding.....
> >
> > I just hope the new pres is up to the task.
> >
> > Fair winds, Wally
> >
> >
> >
> >
> > On Fri, Sep 26, 2008 at 6:23 PM, Brad Haslett <flybrad at gmail.com> wrote:
> >
> >
> >> Ed,
> >>
> >> Haven't heard anything about it but then I've been out of pocket
> >> today. What I've been reading about the last hour is that the Dem's
> >> don't want their version to pass without the Republicans on board
> >> because then "they own it". Barney Frank tried to load it up with
> >> Christmas ornaments, ie, "funding housing for the poor", etc.  Hey
> >> Barney, DUMBASS, that's how we got to this point.  Anyway, he's
> >> already backed down from that.  The Republicans are getting Very Heavy
> >> anti-bailout messages from their constituents, and in the right-wing
> >> blogsphere where I spend a fair amount of time, it is not popular.
> >> That's an understatement. Bush wanted McCain to bring the Republicans
> >> on board and I'm not sure McCain was able to do that. Presidential
> >> election year or not, McCain is a RINO and he's not getting the party
> >> to fall in line  behind him in lockstep. My hope is that a bill gets
> >> passed over the weekend, as clean a bill as we can possibly get.  The
> >> Dems have the votes to do it on their own and IMHO are on the right
> >> side of the issue.  The Republican concerns are valid but it's too
> >> late to implement them.  The crisis is worse than most people think. I
> >> can only watch TV news coverage until Harry Reid shows his face and
> >> then I start looking for things to throw at the TV, so now I just
> >> leave the room. Reid is a worthless asswipe that tries to politicize
> >> everything. Obama has an opportunity to come out of this looking like
> >> a hero even though his fingerprints are all over the cause of the
> >> mess.  Such is politics.
> >>
> >> You can't say this year has been boring.
> >>
> >> Brad
> >>
> >> On Fri, Sep 26, 2008 at 2:52 PM, Tootle <ekroposki at charter.net> wrote:
> >>
> >>> You two guys have access to the latest information, what is behind
> rumor
> >>>
> >> that
> >>
> >>> Paulson is feeding Obama information thru his old friends at Goldman,
> >>>
> >> Sacks?
> >>
> >>> Next rumor:  Is Paulson trying to bail out Goldman, Sacks so that he
> >>> personnally is not brought into lawsuits to recover losses?
> >>>
> >>> Ed K
> >>> Greenville, SC, USA
> >>> --
> >>> View this message in context:
> >>>
> >>
> http://www.nabble.com/Brad---Bell-E%2C-Political-question-tp19695267p19695267.html
> >>
> >>> Sent from the Rhodes 22 mailing list archive at Nabble.com.
> >>>
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