[Rhodes22-list] Brad - definitely gas in Tennessee

Sat Sep 27 14:07:31 EDT 2008

I saw Brad's call for VP bets too late. I do agree that Biden was a poor
chooice but I don't see him getting dumped...of course anything is possible.
Man I am getting sucked back into the list politics.......Did Brad get any
takers?.
On Sat, Sep 27, 2008 at 1:45 PM, petelargo <petelauritzen at earthlink.net>wrote:

>
> You called it right Wally. I wasn't on the posts 2 1/2 years ago. But for
> the
> year I have been on the posts Brad has been a musician on the titanic -
> financially. More falling predictions: He also stated numerous times in
> March-April that Obama was total political toast and would never be elected
> to anything again.  We are awaiting his "inside knowledge" call that Biden
> will be replaced with Hillary.
>
>
> TN Rhodey-2 wrote:
> >
> > Brad,  Sorry I call Bullshit.....Did you read my post????You and I did
> not
> > agree on this 2.5 years ago . You said this crisis was limited to
> > sub-prime
> > and a minor problem. Do you remember telling all how rosy the economy
> was,
> > the cost of war was not a problem, and how little the sub-prime crisis
> > would
> > hurt the economy? Just a speed bump compared to the S & L crisis. you
> > said...You provided  links that you claimed supported your views (often
> > they
> > did not). You actually told me to go back to school and read some
> economic
> > books.You do remember all of your rosy claims and me suggesting you
> remove
> > your rose colored glasses? Come on I know you remember. ..... If you had
> a
> > pair you would admit you were a little off the mark if not flat out
> wrong.
> >
> >  I told you way back then that sub-prime was just the tip of the ice berg
> > and the crisis would hit Alt A, A paper, consumer credit and commercial..
> > You disagreed and painted a rosy picture. Now you tell me the problem is
> > commercial.......you are too much. This is what I TOLD you. Thanks for
> > playing. Selective memory is a great thing!  LOL
> >
> >
> > You say we need to bail these institutions out.  I thought we were better
> > off letting the private sector handle these problems? We can trust the
> > government to fix this problem but they can't handle health care???
> > Honestly
> > if this wasn't so serious it would strike me as funny. This bail out may
> > very well be the right thing but we don't need to make a hasty knee jerk
> > decision. This is the same type of thought process that got us into Iraq.
> > There may be more than one way to skin this cat. We need to get it right.
> >
> > Comrades hang on to your wallets and tighten your belts!
> >
> > Fair Winds, Wally
> >
> >
> > On Sat, Sep 27, 2008 at 10:55 AM, Brad Haslett <flybrad at gmail.com>
> wrote:
> >
> >> Wally,
> >>
> >> The immediate crisis is commercial paper.  If the market quits buying
> >> and selling commercial paper the wheels of the entire economy grind to
> >> a halt.  That IS bad.
> >>
> >> You and I agreed 2.5 years ago that the real estate market silliness
> >> wouldn't last forever and it didn't.  The financial institutions would
> >> have made a correction but for Fanny and Freddie continuing to serve
> >> "free" drinks until the patrons fell off their bar stools.
> >>
> >> As for safe, do business with a local bank.  I bank with the Memphis
> >> Area Teachers Credit Union and they hold their own loans.  There's
> >> nothing sexy about borrowing money at 4% and lending it at 7% but it's
> >> worked for years.  Every community has a small bank or S&L.
> >>
> >> Complaining about the equities market going South makes about as much
> >> sense as me whining about my airplane losing 30% of its value in the
> >> last year.  It is only a problem if I plan to sell (and I don't).  The
> >> stock market has outperformed every other investment in the long run.
> >> For most Americans, the long run means the day after tomorrow.
> >>
> >> Never forget what Thomas Malthus said about the long run.  In the long
> >> run, we'll all be dead!
> >>
> >> Brad
> >>
> >> On Sat, Sep 27, 2008 at 9:35 AM, TN Rhodey <tnrhodey at gmail.com> 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.
> >> >> >
> >> >> > __________________________________________________
> >> >> > To subscribe/unsubscribe or for help with using the mailing list go
> >> to
> >> >> http://www.rhodes22.org/list
> >> >> > __________________________________________________
> >> >> >
> >> >> __________________________________________________
> >> >> To subscribe/unsubscribe or for help with using the mailing list go
> to
> >> >> http://www.rhodes22.org/list
> >> >> __________________________________________________
> >> >>
> >> > __________________________________________________
> >> > To subscribe/unsubscribe or for help with using the mailing list go to
> >> http://www.rhodes22.org/list
> >> > __________________________________________________
> >> >
> >> __________________________________________________
> >> To subscribe/unsubscribe or for help with using the mailing list go to
> >> http://www.rhodes22.org/list
> >> __________________________________________________
> >>
> > __________________________________________________
> > To subscribe/unsubscribe or for help with using the mailing list go to
> > http://www.rhodes22.org/list
> > __________________________________________________
> >
> >
>
> --
> View this message in context:
> http://www.nabble.com/Brad---Bell-E%2C-Political-question-tp19695267p19704870.html
> Sent from the Rhodes 22 mailing list archive at Nabble.com.
>
> __________________________________________________
> To subscribe/unsubscribe or for help with using the mailing list go to
> http://www.rhodes22.org/list
> __________________________________________________
>