Comments on: The Collapse http://www.oliverwillis.com/2008/09/14/the-collapse/ Like Kryptonite To Stupid Sun, 22 Nov 2009 23:00:55 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: z_adura http://www.oliverwillis.com/2008/09/14/the-collapse/#comment-115396 z_adura Tue, 16 Sep 2008 00:07:07 +0000 http://www.oliverwillis.com/?p=9184#comment-115396 Frank, My company doesn't discriminate on the basis of age but I do on the basis of open-mindedness and empathy. You are not the first emotional cripple I've met, and I suspect that you won't be the last. Frank, My company doesn’t discriminate on the basis of age but I do on the basis of open-mindedness and empathy. You are not the first emotional cripple I’ve met, and I suspect that you won’t be the last.

]]> By: midderBush http://www.oliverwillis.com/2008/09/14/the-collapse/#comment-115387 midderBush Mon, 15 Sep 2008 22:01:50 +0000 http://www.oliverwillis.com/?p=9184#comment-115387 It all just proves that Bush was right. Businesses really can regulate themselves. It all just proves that Bush was right. Businesses really can regulate themselves.

]]> By: Zython http://www.oliverwillis.com/2008/09/14/the-collapse/#comment-115379 Zython Mon, 15 Sep 2008 20:48:09 +0000 http://www.oliverwillis.com/?p=9184#comment-115379 <i>And , Mr. Henry, the idea of “benevolent corporate masters” is so 19th Century, no conservative would even think of it…</i> Frank's right. Most modern conservatives are concerned about how to oppress gays and kill brown people. And , Mr. Henry, the idea of “benevolent corporate masters” is so 19th Century, no conservative would even think of it…

Frank’s right. Most modern conservatives are concerned about how to oppress gays and kill brown people.

]]> By: Bruce Henry http://www.oliverwillis.com/2008/09/14/the-collapse/#comment-115377 Bruce Henry Mon, 15 Sep 2008 20:31:16 +0000 http://www.oliverwillis.com/?p=9184#comment-115377 All I'm sayin' is, this pendulum is way past due to swing back to the left. All I’m sayin’ is, this pendulum is way past due to swing back to the left.

]]> By: Bruce Henry http://www.oliverwillis.com/2008/09/14/the-collapse/#comment-115375 Bruce Henry Mon, 15 Sep 2008 20:18:44 +0000 http://www.oliverwillis.com/?p=9184#comment-115375 And only a conservative such as yourself would still be talking about the Smoot-Fucking-Hawley Tariff of 1928. The Gilded Age was followed by the Progressive Era. The Roaring Twenties was followed by The Great Depression and then, thank God, the New Deal, the Square Deal, and the Great Society. The Great Society's excesses, along with Vietnam, Watergate, and Carter's ineptitude, led to the Glorious Trickle Down Revolution that has been going on the last quarter century. That economic model has proven itself worthless. Dismantling the regulation of the financial industry has led directly to the mess we have on our hands today.It's not hard to see why. When cost is socialized and profit is privatized it's a pretty good deal for the "Haves". Not so great for the "Have Nots". What's next, deregulation of the food-processing industry? Let's deregulate the pesticide industry, too! Safety second, profit first, right? OK, "corporate masters" is kinda passe, but, hey, I'm probably almost as old as you, Frank. And only a conservative such as yourself would still be talking about the Smoot-Fucking-Hawley Tariff of 1928.
The Gilded Age was followed by the Progressive Era. The Roaring Twenties was followed by The Great Depression and then, thank God, the New Deal, the Square Deal, and the Great Society. The Great Society’s excesses, along with Vietnam, Watergate, and Carter’s ineptitude, led to the Glorious Trickle Down Revolution that has been going on the last quarter century. That economic model has proven itself worthless. Dismantling the regulation of the financial industry has led directly to the mess we have on our hands today.It’s not hard to see why. When cost is socialized and profit is privatized it’s a pretty good deal for the “Haves”. Not so great for the “Have Nots”.
What’s next, deregulation of the food-processing industry? Let’s deregulate the pesticide industry, too! Safety second, profit first, right?
OK, “corporate masters” is kinda passe, but, hey, I’m probably almost as old as you, Frank.

]]> By: Frank DiSalle http://www.oliverwillis.com/2008/09/14/the-collapse/#comment-115372 Frank DiSalle Mon, 15 Sep 2008 19:35:15 +0000 http://www.oliverwillis.com/?p=9184#comment-115372 Reduced to what? Could you BE any more condescending? I cannot believe it possible that you can be more insufferably arrogant than you had been in the past, but you have surpassed yourself .. On a political blog, in a discussion about a failed Investment Company, it has occurred to the Great Zadura, that I once had emotions and capabilities , and they now are gone ... Don't even bother to tell me about all those swell Seniors you boss around at your trendy "green" corporation that are young ,and vibrant, and full of love for Obama ... And , Mr. Henry, the idea of "benevolent corporate masters" is so 19th Century, no conservative would even think of it... Only a liberal such as yourself could still believe such things about conservatives ... Reduced to what?

Could you BE any more condescending?

I cannot believe it possible that you can be more insufferably arrogant than you had been in the past, but you have surpassed yourself ..

On a political blog, in a discussion about a failed Investment Company, it has occurred to the Great Zadura, that I once had emotions and capabilities , and they now are gone …

Don’t even bother to tell me about all those swell Seniors you boss around at your trendy “green” corporation that are young ,and vibrant, and full of love for Obama …

And , Mr. Henry, the idea of “benevolent corporate masters” is so 19th Century, no conservative would even think of it…

Only a liberal such as yourself could still believe such things about conservatives …

]]> By: Bruce Henry http://www.oliverwillis.com/2008/09/14/the-collapse/#comment-115367 Bruce Henry Mon, 15 Sep 2008 19:06:53 +0000 http://www.oliverwillis.com/?p=9184#comment-115367 Mr. Frank "I've been a conservativebutnotaracist since 1960" Di Salle, and Mr. Jay "I'm rubber you're glue" Tea will, sadly, always refuse to see what's right in front of them. Their view of US history and economics will always be that everything would be great in this country if not for those dirty commies, FDR and Clinton. If only the idiot government would get out of the way, our lordly corporate genius masters would rule us ever so benevolently. Mr. Frank “I’ve been a conservativebutnotaracist since 1960″ Di Salle, and Mr. Jay “I’m rubber you’re glue” Tea will, sadly, always refuse to see what’s right in front of them.
Their view of US history and economics will always be that everything would be great in this country if not for those dirty commies, FDR and Clinton. If only the idiot government would get out of the way, our lordly corporate genius masters would rule us ever so benevolently.

]]> By: z_adura http://www.oliverwillis.com/2008/09/14/the-collapse/#comment-115363 z_adura Mon, 15 Sep 2008 18:32:35 +0000 http://www.oliverwillis.com/?p=9184#comment-115363 Frank, not all of the units are going into the shitter. It is a holding company, which means that certain operations are held harmless from the failures of others. Nonetheless, there won't be a Lehman Brothers after today. I want to believe that you were once a human being with a full range of emotions and capabilities. And now you are reduced to this. Frank, not all of the units are going into the shitter. It is a holding company, which means that certain operations are held harmless from the failures of others. Nonetheless, there won’t be a Lehman Brothers after today.

I want to believe that you were once a human being with a full range of emotions and capabilities. And now you are reduced to this.

]]> By: Bijan C. Bayne http://www.oliverwillis.com/2008/09/14/the-collapse/#comment-115358 Bijan C. Bayne Mon, 15 Sep 2008 18:07:30 +0000 http://www.oliverwillis.com/?p=9184#comment-115358 At least the man who sat idly by while we descended into a Depression is headed back to Crawford in January. At least the man who sat idly by while we descended into a Depression is headed back to Crawford in January.

]]> By: Frank DiSalle http://www.oliverwillis.com/2008/09/14/the-collapse/#comment-115349 Frank DiSalle Mon, 15 Sep 2008 17:18:45 +0000 http://www.oliverwillis.com/?p=9184#comment-115349 From the article :: <blockquote>Lehman will seek to place its parent company, Lehman Brothers Holdings, into bankruptcy protection, while its <b>subsidiaries will remain solvent while the firm liquidates its holdings</b>, these people said</blockquote> From the article ::
Lehman will seek to place its parent company, Lehman Brothers Holdings, into bankruptcy protection, while its subsidiaries will remain solvent while the firm liquidates its holdings, these people said

]]> By: Bill L. http://www.oliverwillis.com/2008/09/14/the-collapse/#comment-115345 Bill L. Mon, 15 Sep 2008 16:59:22 +0000 http://www.oliverwillis.com/?p=9184#comment-115345 Courtesy of Mr. DiSalle, <blockquote>The Lehman Bros bankruptcy is a reorganizing bankruptcy, which does not include some of its Subs </blockquote> Yeah, that's right, and by "right," I mean completely <a href="http://dealbook.blogs.nytimes.com/2008/09/14/lehman-to-file-for-bankruptcy-protection/" rel="nofollow">wrong</a>. Courtesy of Mr. DiSalle,

The Lehman Bros bankruptcy is a reorganizing bankruptcy, which does not include some of its Subs

Yeah, that’s right, and by “right,” I mean completely wrong.

]]> By: Beans http://www.oliverwillis.com/2008/09/14/the-collapse/#comment-115344 Beans Mon, 15 Sep 2008 16:58:07 +0000 http://www.oliverwillis.com/?p=9184#comment-115344 I agree with Frank. Like Frank I'll be casting my vote for the man who said "The issue of economics is not something I’ve understood as well as I should." The people who brought you this problem (and I'm including McCain adviser Phil Gramm in this) should be the only ones to be trusted with solving the problem. Makes sense to Frank and by definition makes sense to me. Beans I agree with Frank.
Like Frank I’ll be casting my vote for the man who said “The issue of economics is not something I’ve understood as well as I should.”
The people who brought you this problem (and I’m including McCain adviser Phil Gramm in this) should be the only ones to be trusted with solving the problem. Makes sense to Frank and by definition makes sense to me.
Beans

]]> By: Jaim http://www.oliverwillis.com/2008/09/14/the-collapse/#comment-115343 Jaim Mon, 15 Sep 2008 16:55:02 +0000 http://www.oliverwillis.com/?p=9184#comment-115343 Jay Tea's blog is shit. So he comes here to a pretty good one and probably think's he's doing God/Palin's work trolling it. And yet, he still fails. You try hard though sparky. E for effort! Jay Tea’s blog is shit. So he comes here to a pretty good one and probably think’s he’s doing God/Palin’s work trolling it.

And yet, he still fails.

You try hard though sparky. E for effort!

]]> By: Quaker in a Basement http://www.oliverwillis.com/2008/09/14/the-collapse/#comment-115342 Quaker in a Basement Mon, 15 Sep 2008 16:49:05 +0000 http://www.oliverwillis.com/?p=9184#comment-115342 Also, since Mr. Tea's trespasses against the truth have diverted me, allow me to pull the curtain back on another of his little deceptions: <blockquote>After all, two of his top economic advisors are James Johnson and Franklin Raines, who between them chaired Frannie Mae from 1991 to 2004, </blockquote> Mr. Tea deliberately obscures the fact that Mr. Johnson left Fannie Mae <em>10 years ago!</em> Please explain, Mr. Tea, how Mr. Johnson's mismanagement remained undetected through two terms of Mr. Bush's management only to surface now. Then explain why we should regard anything you offer as anything other than the slick blandishments of a partisan operative. Also, since Mr. Tea’s trespasses against the truth have diverted me, allow me to pull the curtain back on another of his little deceptions:

After all, two of his top economic advisors are James Johnson and Franklin Raines, who between them chaired Frannie Mae from 1991 to 2004,

Mr. Tea deliberately obscures the fact that Mr. Johnson left Fannie Mae 10 years ago! Please explain, Mr. Tea, how Mr. Johnson’s mismanagement remained undetected through two terms of Mr. Bush’s management only to surface now.

Then explain why we should regard anything you offer as anything other than the slick blandishments of a partisan operative.

]]> By: PD100 http://www.oliverwillis.com/2008/09/14/the-collapse/#comment-115340 PD100 Mon, 15 Sep 2008 16:46:00 +0000 http://www.oliverwillis.com/?p=9184#comment-115340 <i>Obama was hiring and listening to the advice of two of the guys who ran it into the ground — <b>and still is today.</b></i> Who? Source, please. Obama was hiring and listening to the advice of two of the guys who ran it into the ground — and still is today.

Who? Source, please.

]]> By: Quaker in a Basement http://www.oliverwillis.com/2008/09/14/the-collapse/#comment-115339 Quaker in a Basement Mon, 15 Sep 2008 16:44:44 +0000 http://www.oliverwillis.com/?p=9184#comment-115339 So, Mr. Tea, may I assume from your neglect of my other questions that you have no answers? You have no idea what "accounting irregularities" were involved. You have no idea how those alleged irregularities affected the stability of Fannie Mae or the national economy. In short, you know nothing. All that matters is that you can associate these two men with the Obama campaign. Remind me why you bother to commit your thoughts, such as they are, to pixels. So, Mr. Tea, may I assume from your neglect of my other questions that you have no answers? You have no idea what “accounting irregularities” were involved. You have no idea how those alleged irregularities affected the stability of Fannie Mae or the national economy.

In short, you know nothing. All that matters is that you can associate these two men with the Obama campaign.

Remind me why you bother to commit your thoughts, such as they are, to pixels.

]]> By: Duros Hussein 62 http://www.oliverwillis.com/2008/09/14/the-collapse/#comment-115338 Duros Hussein 62 Mon, 15 Sep 2008 16:29:39 +0000 http://www.oliverwillis.com/?p=9184#comment-115338 It's amazing to me what you classify as scummy. It’s amazing to me what you classify as scummy.

]]> By: Jay Tea http://www.oliverwillis.com/2008/09/14/the-collapse/#comment-115337 Jay Tea Mon, 15 Sep 2008 16:17:37 +0000 http://www.oliverwillis.com/?p=9184#comment-115337 <i>Explain your assertion here, Mr. Tea. What makes Mr. Raines “a scumbag”? </i> Both Johnson and Raines got special "Friends Of Angelo" loans from Countrywide while they headed up Fannie Mae, Quaker. Countrywide also gave those sweetheart loans (Angelo being Countrywide's CEO) to Senators Dodd and Conrad. That's more than scummy enough for me -- they were bought and paid for by Countrywide. By the way, before anyone asks, that's the same Countrywide who helped trigger the subprime mortgage mess, and on whose board of directors Massachusetts' governor (and Obama ally and former client of David Axelrod's) Deval Patrick once sat. J. Explain your assertion here, Mr. Tea. What makes Mr. Raines “a scumbag”?

Both Johnson and Raines got special “Friends Of Angelo” loans from Countrywide while they headed up Fannie Mae, Quaker. Countrywide also gave those sweetheart loans (Angelo being Countrywide’s CEO) to Senators Dodd and Conrad. That’s more than scummy enough for me — they were bought and paid for by Countrywide.

By the way, before anyone asks, that’s the same Countrywide who helped trigger the subprime mortgage mess, and on whose board of directors Massachusetts’ governor (and Obama ally and former client of David Axelrod’s) Deval Patrick once sat.

J.

]]> By: Enlightened Liberal http://www.oliverwillis.com/2008/09/14/the-collapse/#comment-115336 Enlightened Liberal Mon, 15 Sep 2008 16:16:41 +0000 http://www.oliverwillis.com/?p=9184#comment-115336 TFJ to quaker. JT is here to throw feces, which is near the top of his intellectual capabilities. I try not to go near the monkey cage, but sometimes I can't resist. TFJ to quaker. JT is here to throw feces, which is near the top of his intellectual capabilities. I try not to go near the monkey cage, but sometimes I can’t resist.

]]> By: Quaker in a Basement http://www.oliverwillis.com/2008/09/14/the-collapse/#comment-115332 Quaker in a Basement Mon, 15 Sep 2008 16:02:23 +0000 http://www.oliverwillis.com/?p=9184#comment-115332 <em>If these two men (especially Raines, whose resignation was prompted by the discovery of huge accounting irregularities at Fannie Mae under his leadership) can’t give Obama the clearest picture on just what the hell went wrong with the economy, I dunno who can.</em> Once again Mr. Tea scribbles without a familiarity with basic facts. He only knows that Raines and Johnson can be peripherally tied to Mr. Obama, and that is all that matters. Explain your assertion here, Mr. Tea. What makes Mr. Raines "a scumbag"? What is the nature of the accounting irregularities that have been discovered? How did those irregularities affect capital markets? Or perhaps you have no answer. Maybe, with the national and world economy mired deeply in the mud after 8 years of Mr. Bush's management, you're just happy to be able to fling a bit of the muck on others. Let me be as plain as I can be, Mr. Tea: I don't think you have the first clue about any of this. I say the future of the Republican party is the only thing that interests you. If these two men (especially Raines, whose resignation was prompted by the discovery of huge accounting irregularities at Fannie Mae under his leadership) can’t give Obama the clearest picture on just what the hell went wrong with the economy, I dunno who can.

Once again Mr. Tea scribbles without a familiarity with basic facts. He only knows that Raines and Johnson can be peripherally tied to Mr. Obama, and that is all that matters.

Explain your assertion here, Mr. Tea. What makes Mr. Raines “a scumbag”? What is the nature of the accounting irregularities that have been discovered? How did those irregularities affect capital markets?

Or perhaps you have no answer. Maybe, with the national and world economy mired deeply in the mud after 8 years of Mr. Bush’s management, you’re just happy to be able to fling a bit of the muck on others.

Let me be as plain as I can be, Mr. Tea: I don’t think you have the first clue about any of this. I say the future of the Republican party is the only thing that interests you.

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