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Eat Us And Smile - The Originals
"I have a very belligerent enthusiasm or an enthusiastic belligerence. I’m an intellectual slut." - David Lee Roth
"We are part of the, not just the culture, but the geography. Van Halen music goes along with like fries with the burger." - David Lee Roth -
Good gravy, have things really become so bad that the American people deserve Sarah Palin as president?
Obama's poll and approval ratings are right where Reagan and Clinton were in the two year mark of their first terms.
I mean, never say never, but the idea that Obama won't run again doesn't seem realistic. If for no other reason than the fact that the opposition party at the moment doesn't have a candidate to put up against him with a chance of winning.
If the economy keeps slowly ticking upward and unemployment comes down, even if it's just a percentage point, in the next two years, Obama will win in a walk.
If everything gets shot to hell, there's always a chance people will elect any quibbledick from the oppo party out of a fear reflex.
Hopefully, people will consider that the problems we face as a nation aren't such that can be solved by the usual two-party zero sum game of negative back-and-forth, nor are they problems that any one man in the WH can solve alone.
Overall, America is no longer a serious nation. Everyone is too quick to sue somebody else for a quick buck, blames everyone other than themselves for their own bad life choices, buys into the "everyone gets a gold star" mentality...a sense of being entitled to do whatever we feel like whenever we want without pondering future consequences. No sense of sacrifice for the greater good or devotion to any causes larger than one's own self.
America, by its own lessened standards of today, deserves to fail.Scramby eggs and bacon.Comment
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- both hamstrung and succumbed to threats by the Pelosi 2006 congress.
Sleazy backroom deals, buy-offs, fraud premises, promises NOT to raise taxes yet everyone's health insurance is up in double-digits.
He's only turning to liberal Democrats, and Mitch McConnell says insisting on keeping Obamacare intact is going to keep the blockade going even further.
People have rejected his brand of communism, if you doubt it's obamas policies that are the problem, just note that the GOP won Obama's old seat. not a dem.Comment
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No, you are completely wrong again....
In the provisions of the TARP, Bush gave authority to Paulson to do whatever he wanted, and forbid ANY court to do anything about it.....
LEGISLATIVE PROPOSAL FOR TREASURY AUTHORITY
TO PURCHASE MORTGAGE-RELATED ASSETS
Section 1. Short Title.
This Act may be cited as ____________________.
Sec. 2. Purchases of Mortgage-Related Assets.
(a) Authority to Purchase.--The Secretary is authorized to purchase, and to make and fund commitments to purchase, on such terms and conditions as determined by the Secretary, mortgage-related assets from any financial institution having its headquarters in the United States.
(b) Necessary Actions.--The Secretary is authorized to take such actions as the Secretary deems necessary to carry out the authorities in this Act, including, without limitation:
(1) appointing such employees as may be required to carry out the authorities in this Act and defining their duties;
(2) entering into contracts, including contracts for services authorized by section 3109 of title 5, United States Code, without regard to any other provision of law regarding public contracts;
(3) designating financial institutions as financial agents of the Government, and they shall perform all such reasonable duties related to this Act as financial agents of the Government as may be required of them;
(4) establishing vehicles that are authorized, subject to supervision by the Secretary, to purchase mortgage-related assets and issue obligations; and
(5) issuing such regulations and other guidance as may be necessary or appropriate to define terms or carry out the authorities of this Act.
Sec. 3. Considerations.
In exercising the authorities granted in this Act, the Secretary shall take into consideration means for--
(1) providing stability or preventing disruption to the financial markets or banking system; and
(2) protecting the taxpayer.
Sec. 4. Reports to Congress.
Within three months of the first exercise of the authority granted in section 2(a), and semiannually thereafter, the Secretary shall report to the Committees on the Budget, Financial Services, and Ways and Means of the House of Representatives and the Committees on the Budget, Finance, and Banking, Housing, and Urban Affairs of the Senate with respect to the authorities exercised under this Act and the considerations required by section 3.
Sec. 5. Rights; Management; Sale of Mortgage-Related Assets.
(a) Exercise of Rights.--The Secretary may, at any time, exercise any rights received in connection with mortgage-related assets purchased under this Act.
(b) Management of Mortgage-Related Assets.--The Secretary shall have authority to manage mortgage-related assets purchased under this Act, including revenues and portfolio risks therefrom.
(c) Sale of Mortgage-Related Assets.--The Secretary may, at any time, upon terms and conditions and at prices determined by the Secretary, sell, or enter into securities loans, repurchase transactions or other financial transactions in regard to, any mortgage-related asset purchased under this Act.
(d) Application of Sunset to Mortgage-Related Assets.--The authority of the Secretary to hold any mortgage-related asset purchased under this Act before the termination date in section 9, or to purchase or fund the purchase of a mortgage-related asset under a commitment entered into before the termination date in section 9, is not subject to the provisions of section 9.
Sec. 6. Maximum Amount of Authorized Purchases.
The Secretary’s authority to purchase mortgage-related assets under this Act shall be limited to $700,000,000,000 outstanding at any one time
Sec. 7. Funding.
For the purpose of the authorities granted in this Act, and for the costs of administering those authorities, the Secretary may use the proceeds of the sale of any securities issued under chapter 31 of title 31, United States Code, and the purposes for which securities may be issued under chapter 31 of title 31, United States Code, are extended to include actions authorized by this Act, including the payment of administrative expenses. Any funds expended for actions authorized by this Act, including the payment of administrative expenses, shall be deemed appropriated at the time of such expenditure.
Sec. 8. Review.
Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.
Sec. 9. Termination of Authority.
The authorities under this Act, with the exception of authorities granted in sections 2(b)(5), 5 and 7, shall terminate two years from the date of enactment of this Act.
Sec. 10. Increase in Statutory Limit on the Public Debt.
Subsection (b) of section 3101 of title 31, United States Code, is amended by striking out the dollar limitation contained in such subsection and inserting in lieu thereof $11,315,000,000,000.
Sec. 11. Credit Reform.
The costs of purchases of mortgage-related assets made under section 2(a) of this Act shall be determined as provided under the Federal Credit Reform Act of 1990, as applicable.
Sec. 12. Definitions.
For purposes of this section, the following definitions shall apply:
(1) Mortgage-Related Assets.--The term “mortgage-related assets” means residential or commercial mortgages and any securities, obligations, or other instruments that are based on or related to such mortgages, that in each case was originated or issued on or before September 17, 2008.
(2) Secretary.--The term “Secretary” means the Secretary of the Treasury.
(3) United States.--The term “United States” means the States, territories, and possessions of the United States and the District of Columbia.Eat Us And Smile - The Originals
"I have a very belligerent enthusiasm or an enthusiastic belligerence. I’m an intellectual slut." - David Lee Roth
"We are part of the, not just the culture, but the geography. Van Halen music goes along with like fries with the burger." - David Lee RothComment
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I could tell Obama didn't care about the US or our culture when he was campaigning. He wouldn't show respect during the National Anthem or Pledge Alllegiance. He wanted the US flag off his campaign plane. It was apparent he not only wasn't one of us but seemed to loath everything we stood for.
He came in office with one agenda and one agenda only, to roll over the US Constitution and replace it with a socialist dictatorship. He didn't care how unpopular he was and showed disdain for the average American. He knew best and then after the election had the gaul to blame the voter and say we were to dumb to understand his perfect, infallable plan and he was in such a hurry he couldn't market it very good but it was basically our fault that it got derailed.
He's not going to bend or change and without absolute power the White House is going to be a miserable place for the egomaniac. He wants to be this great world figure anyways. I could see him being happier running the United Nations full time or having a position of power in the European Union. It's obvious he hates this country and if he can't dupe us into falling for his big change program, he's just going to take his ball and go elsewhere.
The guy is a nut job who should have never been elected in the first place. Obama was a costly lesson.No! You can't have the keys to the wine cellar!Comment
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Rohm Emanuel knew Obama was a nut job so he cut out to avoid being tied with the loser as he stubbornly holds onto his failed vision like the insane captain of the Orca trying to land the big shark.No! You can't have the keys to the wine cellar!Comment
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You know, Nitro, that you can put all of your thoughts in one post, right ??
Just a tip...
Eat Us And Smile - The Originals
"I have a very belligerent enthusiasm or an enthusiastic belligerence. I’m an intellectual slut." - David Lee Roth
"We are part of the, not just the culture, but the geography. Van Halen music goes along with like fries with the burger." - David Lee RothComment
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Obama never negotiated anything. He goes out and sells his plan and tells what lies he has to in order to sugar coat the sell. He said himself his agenda was more important than a second term and Nancy Pelosi said she didn't care if she lost some seats in the house because passing the legislation was so important. The whole thing was passed in the middle of the night on Christmas Eve and nobody ready the damn bill including Obama himself. They had the majority and were off to the races to pass as much stuff as they could and Obama thought he would get enough done where it couldn't be reversed. He thought the American public would stay duped longer.No! You can't have the keys to the wine cellar!Comment
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All this crap about flags is a bit silly now, the US is over 300 years old now time to grow up a bit.
As far as Obama in Europe he's still to the right of most of our conservative parties we're just relieved you don't have a fucking retard in charge at the moment which reduces greatly the chance of a worldwide catastrophe.Comment
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If the 2012 election were between Palin and Hillary....I'd vote Hillary. As much as I hate to say it, she is the lesser of the 2 evils. She sure has been awfully quiet while the country realizes Obama was a mistake.
Republicans can win if they put up a decent candidate. I honestly don't know who that is though. I used to like Mitt, but he has been out of sight pretty much. Donald Trump? Maybe as VP. Dude is extremely smart. I used to hate him until I read his books.“Great losses often bring only a numb shock. To truly plunge a victim into misery, you must overwhelm him with many small sufferings.”Comment
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That's true, I think Obama will probably get back in if he just keeps his nose clean and the economy starts to recover a bit because chances are the Republicans are going to end up fielding a complete bozo candidate after a huge fight with themselves.
It's kind of nuts though that people are talking about the next election already. This is the reason nothing ever gets done politically in the US, everyone spends their whole time campaigning rather than actually doing something.Comment
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Obama will have to do what Bill Clinton did and give in to the Republicans and work with them but Bill had a good economy and was not a radicle like Obama. I think Obama will stick to his guns and if he runs he will lose. It's going to be impossible to get anything done the next two years because the government will be in stalemate. Who knows what will happen to the dollar in that time. I saw this coming a long time ago. I can hunker down for awhile no problem.No! You can't have the keys to the wine cellar!Comment
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I don't think Palin will get the Republican nomination. It's being openly talked about that one of the biggest challenges of the Republican Party is to get rid of her. She isn't as popular as the media makes her to be. In fact, I don't trust her, I think she has sold out already plus, she just isn't intelligent enough to be president. Obama is smart enough but sadly he thinks citizens should just be serfs to the enlightened ones like himself. If Obama was half-way honest and wasn't such a socialist elitist I would like the guy.No! You can't have the keys to the wine cellar!Comment
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Beloved American Peoples ,
I am sincerely very much delighted to write this message to you from India, therefore I will like you to read it with understanding .
Please I want to know if you can be able to assist me regarding to the content of this message. we were conjoined twin orphans Obi and Bama, but it was sad that Obi Passed away 20+ years, and I Obi is trying to carry on with my dead attached brother under one name Obama. The death was contemplated because we both visited our uncle and once we are back home my late brother fell ill and died at spot. I later found out that our father left a sum of (6.5M,USD) Six million Five Hundred Thousand United States Dollars in a box and deposited in one of the security company here in Kenya in our names. But the uncle later process on trying to change the documents to his name and it came to our notice and we have put a stop to that. Also I have contacted a lawyer who will help to secure back all the documents on my name I am just 48years old boy .
Therefore I need your help if you can assist me to have this documents be prepared so that the money can be transfer to you also you will make an arrangement to enable me get a India visa to travel out from this country to join you in your country to enable me to continue with my education so that I will have a bright future back in Harvard when I'm unemployed 2012.
Finally I plead with you to consider the danger of my life over my uncle to enable us come to a conclusion on how you can handle this to the Glory of God.
Hoping to read from you.
You're blessed.
Barry Sotero-Obama
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I thought it was Katy Perry and Russell Brand who were in India?
Oh dear.
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