When will the US financial baillout occur?

[Steve]

The financial relationship between America and China is symbiotic. We both need each other. We're both joined at the economic hip. However, the day when China has a better place to put its money and someone to buy its finished products, then we will probably see the end of the U.S. as we know it. The Japanese will have followed them out the door.

A gold plated power. Hopefully I'll be spending those days as a fixture in a Pattaya beer bar.

[chuckwoww]

Make sure you have plenty of renminbi.

[rogueyam]

What is more threatening in the long run than the bailout itself is the possibility that the real cause of the crisis is understood by too few people.

 

Here is the truth, plain and simple:

 

October 5, 2008

 

Doing well by doing bad

 

If it turns out to be the financial crisis that puts Barack Obama over the top in his quest for the White House, the irony will be difficult to overstate. First, the biggest driver of the financial crisis was not any conservative policy such as the kind of deregulation John McCain supports. Rather, as Diana West argues, the biggest driver was the â??race-based social engineeringâ? that â??virtually created the sub-prime mortgage industry.â? The implosion of that industry, in turn, triggered the present crisis.

 

The operative vision, then, was leftist and racialist, not free-market. As West puts it, the social engineers decided that not â??enoughâ? minorities had homes because not â??enoughâ? minorities were eligible for mortgages. The solution was to junk the bottom-line, non-racial markers of mortgage eligibility traditionally used by banks to distinguish between good and bad credit risks -- steady employment, clean credit, and a down payment. Obama, then, is the beneficiary of the terrible failure of affirmative action style policies in the mortgage banking sector.

 

But the irony extends further. For it turns out that intimidating banks into making bad loans to minorities was a major activity of â??community organizationsâ? during the 1990s. And, according to Stanley Kurtz, Obama himself trained and funded ACORN activists who engaged in such intimidation.

 

Using a combination of intimidation and white guilt to plunge the banking industry into the crisis that brings a radical activist to power â?? even Saul Alinsky couldnâ??t have drawn it up this well.

 

Link

 

 

[Bangkoktraveler]

What is more threatening in the long run than the bailout itself is the possibility that the real cause of the crisis is understood by too few people.

 

Here is the truth, plain and simple:

 

October 5, 2008

 

Doing well by doing bad

 

If it turns out to be the financial crisis that puts Barack Obama over the top in his quest for the White House, the irony will be difficult to overstate. First, the biggest driver of the financial crisis was not any conservative policy such as the kind of deregulation John McCain supports. Rather, as Diana West argues, the biggest driver was the â??race-based social engineeringâ? that â??virtually created the sub-prime mortgage industry.â? The implosion of that industry, in turn, triggered the present crisis.

 

The operative vision, then, was leftist and racialist, not free-market. As West puts it, the social engineers decided that not â??enoughâ? minorities had homes because not â??enoughâ? minorities were eligible for mortgages. The solution was to junk the bottom-line, non-racial markers of mortgage eligibility traditionally used by banks to distinguish between good and bad credit risks -- steady employment, clean credit, and a down payment. Obama, then, is the beneficiary of the terrible failure of affirmative action style policies in the mortgage banking sector.

 

But the irony extends further. For it turns out that intimidating banks into making bad loans to minorities was a major activity of â??community organizationsâ? during the 1990s. And, according to Stanley Kurtz, Obama himself trained and funded ACORN activists who engaged in such intimidation.

 

Using a combination of intimidation and white guilt to plunge the banking industry into the crisis that brings a radical activist to power â?? even Saul Alinsky couldnâ??t have drawn it up this well.

 

Link

 

 

 

 

 

Are you saying that all the homes that are in foreclosure, are all minorities?

 

Should we blame Blacks, Mexicans, Indians, etc. for this problem?

[Julian2]

Only Blacks this year, there's one running for president.

I must admit that the link left me speechless with admiration.

The right wing spin genius who dreamed that one up must have really been under heavy pressure to come up with a reason why the generous and benevolent banking industry wasn't to blame for the disaster.

[Bangkoktraveler]

Only Blacks this year, there's one running for president.

I must admit that the link left me speechless with admiration.

The right wing spin genius who dreamed that one up must have really been under heavy pressure to come up with a reason why the generous and benevolent banking industry wasn't to blame for the disaster.

 

 

Six months ago, everybody was blaming the illegal Mexicans for everything. Now we don't hear anything about the illegals Mexicans, it is all about blacks.

 

What will the shit be for this week?

 

 

[Faustian]

What is more threatening in the long run than the bailout itself is the possibility that the real cause of the crisis is understood by too few people.

 

Here is the truth, plain and simple:

 

October 5, 2008

 

Doing well by doing bad

 

If it turns out to be the financial crisis that puts Barack Obama over the top in his quest for the White House, the irony will be difficult to overstate. First, the biggest driver of the financial crisis was not any conservative policy such as the kind of deregulation John McCain supports. Rather, as Diana West argues, the biggest driver was the â??race-based social engineeringâ? that â??virtually created the sub-prime mortgage industry.â? The implosion of that industry, in turn, triggered the present crisis.

 

The operative vision, then, was leftist and racialist, not free-market. As West puts it, the social engineers decided that not â??enoughâ? minorities had homes because not â??enoughâ? minorities were eligible for mortgages. The solution was to junk the bottom-line, non-racial markers of mortgage eligibility traditionally used by banks to distinguish between good and bad credit risks -- steady employment, clean credit, and a down payment. Obama, then, is the beneficiary of the terrible failure of affirmative action style policies in the mortgage banking sector.

 

But the irony extends further. For it turns out that intimidating banks into making bad loans to minorities was a major activity of â??community organizationsâ? during the 1990s. And, according to Stanley Kurtz, Obama himself trained and funded ACORN activists who engaged in such intimidation.

 

Using a combination of intimidation and white guilt to plunge the banking industry into the crisis that brings a radical activist to power â?? even Saul Alinsky couldnâ??t have drawn it up this well.

 

Link

 

 

 

Not even an attempt to hide the racism? Wow!

 

This reminds me of Nazi propaganda pre-WW2.

 

RY, you believe this shit?

 

Banks lend money. Banks are a business. They like to make profits. Which of this is causing you problems??

 

White guilt? LOL. Funny as fuck. I don't see differences in people. I see responsibility. Colour is irrelevant. Behaviour is not. RY, you thrive on division, you seek it, create it, rejoice in it. It's your personality type.

 

Maybe it's finally time for some analysis.

 

[Faustian]

What is more threatening in the long run than the bailout itself is the possibility that the real cause of the crisis is understood by too few people.

 

Here is the truth, plain and simple:

 

October 5, 2008

 

Doing well by doing bad

 

If it turns out to be the financial crisis that puts Barack Obama over the top in his quest for the White House, the irony will be difficult to overstate. First, the biggest driver of the financial crisis was not any conservative policy such as the kind of deregulation John McCain supports. Rather, as Diana West argues, the biggest driver was the â??race-based social engineeringâ? that â??virtually created the sub-prime mortgage industry.â? The implosion of that industry, in turn, triggered the present crisis.

 

The operative vision, then, was leftist and racialist, not free-market. As West puts it, the social engineers decided that not â??enoughâ? minorities had homes because not â??enoughâ? minorities were eligible for mortgages. The solution was to junk the bottom-line, non-racial markers of mortgage eligibility traditionally used by banks to distinguish between good and bad credit risks -- steady employment, clean credit, and a down payment. Obama, then, is the beneficiary of the terrible failure of affirmative action style policies in the mortgage banking sector.

 

But the irony extends further. For it turns out that intimidating banks into making bad loans to minorities was a major activity of â??community organizationsâ? during the 1990s. And, according to Stanley Kurtz, Obama himself trained and funded ACORN activists who engaged in such intimidation.

 

Using a combination of intimidation and white guilt to plunge the banking industry into the crisis that brings a radical activist to power â?? even Saul Alinsky couldnâ??t have drawn it up this well.

 

Link

 

 

 

Not even an attempt to hide the racism? Wow!

 

This reminds me of Nazi propaganda pre-WW2.

 

RY, you believe this shit?

 

Banks lend money. Banks are a business. They like to make profits. Which of this is causing you problems??

 

White guilt? LOL. Funny as fuck. I don't see differences in people. I see responsibility. Colour is irrelevant. Behaviour is not. RY, you thrive on division, you seek it, create it, rejoice in it. It's your personality type.

 

Maybe it's finally time for some analysis.

 

[Faustian]

Double post...sorry, wonderful ADSL timing out. Again.

[rogueyam]

Not even an attempt to hide the racism?

 

This reminds me of Nazi propaganda pre-WW2.

 

Your "arguments" are almost a satire of leftism.