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Hmm, the withdrawal of soldiers from Iraq at the end of the year probably had something to do with the provision in the SuperCommittee deal that reduces military expenditure if the committee can't come up with something else.
You have identified the mystery. I do find it curious that people will fight to the death once mystified. Thank you for bringing our focus to the ineffable.
Yay, I can finally listen to the show again! My company has been sporadically blocking streaming websites, and there was a long run where they remembered to do it. I've only hear dof the Enough Is Enough rally through the newsletter.
Peter Ferrara doesn't seem to know why he's on the show. He was surprised that Thom hadn't heard a particular argument, but isn't Peter there to inform us of it? And he already gets promotion for his book in the introduction and closing of the interview, but he shoe-horned some in, himself, anyway.
The CRA (Community Reinvestment Act) did not require banks to make sub-prime loans - in fact CRA compliant loans have the lowest foreclosure rates.
The CRA did not cause the housing collapse, in fact if CRA rules were more widely followed it might have prevented it.
My short take on the atheism theme coming up recurrently today:
It does not matter whether there is a god or not. This is because if there were a god, in order to have created such an immense, complex, and intricate universe, that god would need to be so complex and inherently alien in nature to us that it would make no sense to ascribe humanistic motivations to it. If a creator deity cannot be humanly understood or personified in any respect, then what is the difference between that and no god?
The Bandy-Legged Marsupial Cave Rabbi has spoken.
Sieg Hiel! Let's all put on our brown shirts and goosestep in-time to the music of the high and mighty!
How many politicians will condemn what happen in Oakland.
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"When was the last time the government stepped into help you "avoid losses you might otherwise suffer?" But that's the reality we live in. When Joe Homeowner bought too much house, essentially betting that home prices would go up, and losing his bet when they dropped, he was an irresponsible putz who shouldn’t whine about being put on the street.
But when banks bet billions on a firm like AIG that was heavily invested in mortgages, they were making the same bet that Joe Homeowner made, leaving themselves hugely exposed to a sudden drop in home prices. But instead of being asked to "suck it in and cope" when that bet failed, the banks instead went straight to Washington for a bailout -- and got it."
"Can anyone imagine a common thief being caught by police and sentenced to pay back half of what he took? Just one low-ranking individual in that case was charged (case pending), and no individual had to reach into his pocket to help cover the fine. The settlement Goldman paid to to the government was about 1/24th of what Goldman received from the government just in the AIG bailout. And that was the toughest "punishment" the government dished out to a bank in the wake of 2008.
The point being: we have a massive police force in America that outside of lower Manhattan prosecutes crime and imprisons citizens with record-setting, factory-level efficiency, eclipsing the incarceration rates of most of history's more notorious police states and communist countries.
But the bankers on Wall Street don't live in that heavily-policed country. There are maybe 1000 SEC agents policing that sector of the economy, plus a handful of FBI agents. There are nearly that many police officers stationed around the polite crowd at Zucotti park."
http://www.rollingstone.com/politics/blogs/taibblog/owss-beef-wall-stree...