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How the Crazy US market became fixed by a Mental Health
Act to inject some healthy Socialism from Dr Keynes! B^D
"ON the subject of the Wall St rescue package, would you
believe it became a mental health issue when it was
voted on by the US Senate?
Fair dinkum. It was tacked on to a piece of legislation
called the Mental Health and Addiction Act.
Only in America!
The reason was not that senators thought allocating
$US700 billion of taxpayer money to buy bad debts was
crazy - though some did.
The strange coupling of a controversial financial
bail-out Bill with a measure to ensure health insurance
funds cover mental health issues was all about getting
around the US Constitution.
When the US House of Representatives voted against the
rescue package, causing chaos on Wall St and throughout
the financial world, congressional leaders decided the
way to save the situation was for the Senate to take up
the measure and set an example.
But they faced a similar problem to the one that
stymied the Liberals here [Oz] when they pushed a Bill
to raise single rate pensions by $30 a week through
our Senate.
It was pointless because the Australian Constitution
says Bills appropriating money cannot originate in
the Upper House.
Under the US Constitution, the Senate in Washington
is not able to pass legislation containing tax provisions
before the House of Representatives has passed it.
The cunning solution was to attach the Emergency Economic
Stabilisation Bill to a popular piece of legislation
already passed by the House. Enter the Mental Health
and Addiction Act.
The Senate passed the package by 74 votes to 25, leaving
the mental as well as financial health of a lot of worried
Americans (and Australians too) again in the hands of the
Congresspersons who'd rejected the bail-out the first
time around."
You Crazy Americans! B^D
Alls well that ends well nuts finally showed some Nuts!!!
BTW, does anyone have a list of the Congressmen who voted
against the bill the first time and for it after regaining
their sanity?
I have the final vote.. but who switched?
http://projects.washingtonpost.com/congress/110/hous
e/2/votes/679/
I don't want to condemn their stupidity, but to celebrate
their flexibility. ;-)
-----------
"Ohhhhh Say can you see
By the dawns early light
The markets in panic
and Republicans take flight! "
-----------
"The Fundamentals of our Economy remain Strong" - John McSame,
Republican Candidate for the Presidency of the Derivative Ravaged,
Crisis torn, Economic Basket Case, The USSA!
http://www.geocities.com/townsville_taliban/endoscop
e.html
-----------
"fasgnadh" <f...@y...com> wrote in message
news:48e6a54c$0$18425$afc38c87@news.optusnet.com.au.
..
>
> How the Crazy US market became fixed by a Mental Health
> Act to inject some healthy Socialism from Dr Keynes! B^D
>
>
> "ON the subject of the Wall St rescue package, would you
> believe it became a mental health issue when it was
> voted on by the US Senate?
>
> Fair dinkum. It was tacked on to a piece of legislation
> called the Mental Health and Addiction Act.
>
> Only in America!
>
> The reason was not that senators thought allocating
> $US700 billion of taxpayer money to buy bad debts was
> crazy - though some did.
>
> The strange coupling of a controversial financial
> bail-out Bill with a measure to ensure health insurance
> funds cover mental health issues was all about getting
> around the US Constitution.
>
> When the US House of Representatives voted against the
> rescue package, causing chaos on Wall St and throughout
> the financial world, congressional leaders decided the
> way to save the situation was for the Senate to take up
> the measure and set an example.
>
> But they faced a similar problem to the one that
> stymied the Liberals here [Oz] when they pushed a Bill
> to raise single rate pensions by $30 a week through
> our Senate.
>
> It was pointless because the Australian Constitution
> says Bills appropriating money cannot originate in
> the Upper House.
>
> Under the US Constitution, the Senate in Washington
> is not able to pass legislation containing tax provisions
> before the House of Representatives has passed it.
>
> The cunning solution was to attach the Emergency Economic
> Stabilisation Bill to a popular piece of legislation
> already passed by the House. Enter the Mental Health
> and Addiction Act.
>
> The Senate passed the package by 74 votes to 25, leaving
> the mental as well as financial health of a lot of worried
> Americans (and Australians too) again in the hands of the Congresspersons
> who'd rejected the bail-out the first
> time around."
>
> You Crazy Americans! B^D
>
> Alls well that ends well nuts finally showed some Nuts!!!
>
> BTW, does anyone have a list of the Congressmen who voted
> against the bill the first time and for it after regaining
> their sanity?
>
> I have the final vote.. but who switched?
>
> http://projects.washingtonpost.com/congress/110/hous
e/2/votes/679/
>
>
> I don't want to condemn their stupidity, but to celebrate
> their flexibility. ;-)
>
>
>
>
>
> -----------
>
> "Ohhhhh Say can you see
> By the dawns early light
> The markets in panic
> and Republicans take flight! "
>
> -----------
>
>
> "The Fundamentals of our Economy remain Strong" - John McSame,
> Republican Candidate for the Presidency of the Derivative Ravaged,
> Crisis torn, Economic Basket Case, The USSA!
>
> http://www.geocities.com/townsville_taliban/endoscop
e.html
>
>
We can only hope someone is taking notes.
How U.S. regulators laid the groundwork for disaster
http://www.iht.com/articles/2008/10/03/business/03se
c.php
"We have a good deal of comfort about the capital cushions at these firms at
the moment." - Christopher Cox, chairman of the Securities and Exchange
Commission, March 11, 2008.
As rumors swirled that Bear Stearns faced imminent collapse in early March,
Christopher Cox was told by his staff that Bear Stearns had $17 billion in
cash and other assets - more than enough to weather the storm.
> -----------
princeandy wrote:
> "fasgnadh" <f...@y...com> wrote in message
> news:48e6a54c$0$18425$afc38c87@news.optusnet.com.au.
..
>> How the Crazy US market became fixed by a Mental Health
>> Act to inject some healthy Socialism from Dr Keynes! B^D
>>
>>
>> "ON the subject of the Wall St rescue package, would you
>> believe it became a mental health issue when it was
>> voted on by the US Senate?
>>
>> Fair dinkum. It was tacked on to a piece of legislation
>> called the Mental Health and Addiction Act.
>>
>> Only in America!
>>
>> The reason was not that senators thought allocating
>> $US700 billion of taxpayer money to buy bad debts was
>> crazy - though some did.
>>
>> The strange coupling of a controversial financial
>> bail-out Bill with a measure to ensure health insurance
>> funds cover mental health issues was all about getting
>> around the US Constitution.
>>
>> When the US House of Representatives voted against the
>> rescue package, causing chaos on Wall St and throughout
>> the financial world, congressional leaders decided the
>> way to save the situation was for the Senate to take up
>> the measure and set an example.
>>
>> But they faced a similar problem to the one that
>> stymied the Liberals here [Oz] when they pushed a Bill
>> to raise single rate pensions by $30 a week through
>> our Senate.
>>
>> It was pointless because the Australian Constitution
>> says Bills appropriating money cannot originate in
>> the Upper House.
>>
>> Under the US Constitution, the Senate in Washington
>> is not able to pass legislation containing tax provisions
>> before the House of Representatives has passed it.
>>
>> The cunning solution was to attach the Emergency Economic
>> Stabilisation Bill to a popular piece of legislation
>> already passed by the House. Enter the Mental Health
>> and Addiction Act.
>>
>> The Senate passed the package by 74 votes to 25, leaving
>> the mental as well as financial health of a lot of worried
>> Americans (and Australians too) again in the hands of the Congresspersons
>> who'd rejected the bail-out the first
>> time around."
>>
>> You Crazy Americans! B^D
>>
>> Alls well that ends well nuts finally showed some Nuts!!!
>>
>> BTW, does anyone have a list of the Congressmen who voted
>> against the bill the first time and for it after regaining
>> their sanity?
>>
>> I have the final vote.. but who switched?
>>
>> http://projects.washingtonpost.com/congress/110/hous
e/2/votes/679/
>>
>>
>> I don't want to condemn their stupidity, but to celebrate
>> their flexibility. ;-)
>>
>>
> We can only hope someone is taking notes.
> How U.S. regulators laid the groundwork for disaster
Under the Cheney/Bush regime, who were such fanatical DE-regulators
that they tore up American's historical freedoms and protections
in the fight against Emmanuel Goldstein ("War on Terror", '1984')
and privatized a War for profit.. the idea that Market regulation
would function properly in such a political environment is a joke!
Of course, those responsible always prefer the focus of attention
to fall on underlings.. it's been a long time since a President
had a sign on their desk saying "The Buck Stops HERE!" And that
was a Democrat, Harry Truman!!! B^p
http://www.geocities.com/wmds_r_us/index.html
Nixon, Cheney, Bush.. why are all the real CRIMINALS, Republicans,
and yet they are the ones who launch vicious personal attacks
and campaigns of vilification.. and yet the best they can come
up with is Clinton's sexual indiscretions???
In the last desperate weeks of the campaign we can expect the
Republican Dirt Machine to launch it's full filth at Obama..
will it involve white sheets and burning crosses???
> http://www.iht.com/articles/2008/10/03/business/03se
c.php
>
> "We have a good deal of comfort about the capital cushions at these firms at
> the moment." - Christopher Cox, chairman of the Securities and Exchange
> Commission, March 11, 2008.
>
> As rumors swirled that Bear Stearns faced imminent collapse in early March,
> Christopher Cox was told by his staff that Bear Stearns had $17 billion in
> cash and other assets - more than enough to weather the storm.
>
-----------
"Ohhhhh Say can you see
By the dawns early light
The markets in panic
and Republicans take flight! "
-----------
"The Fundamentals of our Economy remain Strong" - John McSame,
Republican Candidate for the Presidency of the Derivative Ravaged,
Crisis torn, Economic Basket Case, The USSA!
http://www.geocities.com/townsville_taliban/endoscop
e.html
-----------
fasgnadh wrote:
>
> How the Crazy US market became fixed by a Mental Health
> Act to inject some healthy Socialism from Dr Keynes! B^D
>
>
> "ON the subject of the Wall St rescue package, would you
> believe it became a mental health issue when it was
> voted on by the US Senate?
>
> Fair dinkum. It was tacked on to a piece of legislation
> called the Mental Health and Addiction Act.
>
> Only in America!
>
> The reason was not that senators thought allocating
> $US700 billion of taxpayer money to buy bad debts was
> crazy - though some did.
>
> The strange coupling of a controversial financial
> bail-out Bill with a measure to ensure health insurance
> funds cover mental health issues was all about getting
> around the US Constitution.
>
> When the US House of Representatives voted against the
> rescue package, causing chaos on Wall St and throughout
> the financial world, congressional leaders decided the
> way to save the situation was for the Senate to take up
> the measure and set an example.
>
> But they faced a similar problem to the one that
> stymied the Liberals here [Oz] when they pushed a Bill
> to raise single rate pensions by $30 a week through
> our Senate.
>
> It was pointless because the Australian Constitution
> says Bills appropriating money cannot originate in
> the Upper House.
>
> Under the US Constitution, the Senate in Washington
> is not able to pass legislation containing tax provisions
> before the House of Representatives has passed it.
>
> The cunning solution was to attach the Emergency Economic
> Stabilisation Bill to a popular piece of legislation
> already passed by the House. Enter the Mental Health
> and Addiction Act.
>
> The Senate passed the package by 74 votes to 25, leaving
> the mental as well as financial health of a lot of worried
> Americans (and Australians too) again in the hands of the
> Congresspersons who'd rejected the bail-out the first
> time around."
>
> You Crazy Americans! B^D
>
> Alls well that ends well nuts finally showed some Nuts!!!
>
> BTW, does anyone have a list of the Congressmen who voted
> against the bill the first time and for it after regaining
> their sanity?
>
> I have the final vote.. but who switched?
>
> http://projects.washingtonpost.com/congress/110/hous
e/2/votes/679/
>
>
> I don't want to condemn their stupidity, but to celebrate
> their flexibility. ;-)
>
Much more interesting is
the profile by Astrological sign:
Yes No MIA
Aquarius 16 19 2
Aries 20 10 1
Cancer 30 18 0
Capricorn 16 17 0
Gemini 20 29 0
Leo 25 11 0
Libra 21 21 0
Pisces 12 11 0
Sagittarius 17 12 2
Scorpio 21 12 0
Taurus 15 10 2
Virgo 22 20 1
We can see that Aquarians and Geminis make the best capitalists whereas
Cancerians, Leos, Sagittarians, Scorpions and Taureans are aggressive
corporate welfare statists.
And the largest sub-group of politicians is represented by Cancer...
fasgnadh wrote:
>
> BTW, does anyone have a list of the Congressmen who voted
> against the bill the first time and for it after regaining
> their sanity?
>
> I have the final vote.. but who switched?
>
> http://projects.washingtonpost.com/congress/110/hous
e/2/votes/679/
>
http://tinyurl.com.au/x.php?1ded
WASHINGTON - Sixty lawmakers Friday switched from their previous
position on the huge Wall Street bailout measure. Fifty-eight switched
from "no" to "yes," one switched to oppose the measure and a lawmaker
who was absent on Monday voted "yes." Here's the breakdown by party and
state:
Republicans, No to Yes (25)
Arizona -- John Shadegg.
Florida -- Vern Buchanan, Ileana Ros-Lehtinen.
Illinois -- Judy Biggert
Louisiana -- Rodney Alexander, Charles Boustany.
Michigan -- Joe Knollenberg, Peter Hoekstra.
Minnesota -- Jim Ramstad.
North Carolina -- Howard Coble, Sue Myrick.
Nebraska -- Lee Terry.
New Jersey -- Rodney Frelinghuysen.
New York -- Randy Kuhl.
Ohio -- Jean Schmidt, Pat Tiberi.
Oklahoma -- Mary Fallin, John Sullivan.
Pennsylvania -- Charles Dent, Jim Gerlach, Bill Shuster.
South Carolina -- Gresham Barrett.
Tennessee -- Zach Wamp.
Texas -- Mike Conaway, Mac Thornberry.
___
Republican Jerry Weller of Illinois was absent Monday. He voted yes on
Friday.
___
Democrats No to Yes (33)
Hawaii -- Neil Abercrombie, Mazie Hirono.
California -- Joe Baca, Barbara Lee, Adam Schiff, Hilda Solis, Mike
Thompson, Diane Watson, Lynn Woolsey.
Nevada -- Shelley Berkely.
Iowa -- Bruce Braley.
Indiana -- Andre Carson.
Missouri -- Emanuel Cleaver.
Texas -- Henry Cueller, Al Green, Sheila Jackson Lee, Solomon Ortiz.
Maryland -- Elijah Cummings, Donna Edwards.
Arizona -- Gabrielle Giffords, Harry Mitchell, Ed Pastor.
Illinois -- Jesse Jackson Jr., Bobby Rush.
Michigan -- Carolyn Kilpatrick.
Georgia -- John Lewis, David Scott.
New Jersey -- Bill Pascrell.
Ohio -- Betty Sutton.
Massachusetts -- John Tierney.
Vermont -- Peter Welch.
Oregon -- David Wu.
Kentucky -- John Yarmuth.
___
Democrats Yes to No (1)
Washington -- Jim McDermott.
B J Foster wrote:
> fasgnadh wrote:
>>
>> How the Crazy US market became fixed by a Mental Health
>> Act to inject some healthy Socialism from Dr Keynes! B^D
>>
>>
>> "ON the subject of the Wall St rescue package, would you
>> believe it became a mental health issue when it was
>> voted on by the US Senate?
>>
>> Fair dinkum. It was tacked on to a piece of legislation
>> called the Mental Health and Addiction Act.
>>
>> Only in America!
>>
>> The reason was not that senators thought allocating
>> $US700 billion of taxpayer money to buy bad debts was
>> crazy - though some did.
>>
>> The strange coupling of a controversial financial
>> bail-out Bill with a measure to ensure health insurance
>> funds cover mental health issues was all about getting
>> around the US Constitution.
>>
>> When the US House of Representatives voted against the
>> rescue package, causing chaos on Wall St and throughout
>> the financial world, congressional leaders decided the
>> way to save the situation was for the Senate to take up
>> the measure and set an example.
>>
>> But they faced a similar problem to the one that
>> stymied the Liberals here [Oz] when they pushed a Bill
>> to raise single rate pensions by $30 a week through
>> our Senate.
>>
>> It was pointless because the Australian Constitution
>> says Bills appropriating money cannot originate in
>> the Upper House.
>>
>> Under the US Constitution, the Senate in Washington
>> is not able to pass legislation containing tax provisions
>> before the House of Representatives has passed it.
>>
>> The cunning solution was to attach the Emergency Economic
>> Stabilisation Bill to a popular piece of legislation
>> already passed by the House. Enter the Mental Health
>> and Addiction Act.
>>
>> The Senate passed the package by 74 votes to 25, leaving
>> the mental as well as financial health of a lot of worried
>> Americans (and Australians too) again in the hands of the
>> Congresspersons who'd rejected the bail-out the first
>> time around."
>>
>> You Crazy Americans! B^D
>>
>> Alls well that ends well nuts finally showed some Nuts!!!
>>
>> BTW, does anyone have a list of the Congressmen who voted
>> against the bill the first time and for it after regaining
>> their sanity?
>>
>> I have the final vote.. but who switched?
>>
>> http://projects.washingtonpost.com/congress/110/hous
e/2/votes/679/
>>
>>
>> I don't want to condemn their stupidity, but to celebrate
>> their flexibility. ;-)
>
> Much more interesting is
> the profile by Astrological sign:
Your research into the arcane ideology "Das Kapitalismus"
seems to be probing the outer reaches of luna...
becoming more and more obscurantist and irrational as
your pure market theories are routed by reality:
> Yes No MIA
> Aquarius 16 19 2
> Aries 20 10 1
> Cancer 30 18 0
> Capricorn 16 17 0
> Gemini 20 29 0
> Leo 25 11 0
> Libra 21 21 0
> Pisces 12 11 0
> Sagittarius 17 12 2
> Scorpio 21 12 0
> Taurus 15 10 2
> Virgo 22 20 1
>
You forgot one:
Bruin -the BEAR (Market) 1,200,000,000,000 ;-)
It won the vote!
As you said, BJ, (a tad prematurely) A triumph for democracy!! B^D
> We can see that Aquarians and Geminis
,New Age wankers and two faced bastards,
> make the best capitalists
It figures! B^D
> whereas Cancerians, Leos, Sagittarians, Scorpions and Taureans
The Bull, symbol of the vigorous market!
You are right, the market, with it's $1.2. Heart Attack
made it's wishes perfectly clear.. it voted for Socialism..
and so the thick skinned crabs, the brave Lions, and the
Archers hit the Political bullseye...
> are aggressive corporate welfare statists.
So, if there is any value at all in Astrology.. what's my Starsign? B^)
> And the largest sub-group of politicians is represented by Cancer...
Surgery is about to be performed, on the Repugnantans.
-----------
"Ohhhhh Say can you see
By the dawns early light
The markets in panic
and Republicans take flight! "
-----------
"The Fundamentals of our Economy remain Strong" - John McSame,
Republican Candidate for the Presidency of the Derivative Ravaged,
Crisis torn, Economic Basket Case, The USSA!
http://www.geocities.com/townsville_taliban/endoscop
e.html
-----------
fasgnadh wrote:
> B J Foster wrote:
>> fasgnadh wrote:
>>>
>>> How the Crazy US market became fixed by a Mental Health
>>> Act to inject some healthy Socialism from Dr Keynes! B^D
>>>
>>>
>>> "ON the subject of the Wall St rescue package, would you
>>> believe it became a mental health issue when it was
>>> voted on by the US Senate?
>>>
>>> Fair dinkum. It was tacked on to a piece of legislation
>>> called the Mental Health and Addiction Act.
>>>
>>> Only in America!
>>>
>>> The reason was not that senators thought allocating
>>> $US700 billion of taxpayer money to buy bad debts was
>>> crazy - though some did.
>>>
>>> The strange coupling of a controversial financial
>>> bail-out Bill with a measure to ensure health insurance
>>> funds cover mental health issues was all about getting
>>> around the US Constitution.
>>>
>>> When the US House of Representatives voted against the
>>> rescue package, causing chaos on Wall St and throughout
>>> the financial world, congressional leaders decided the
>>> way to save the situation was for the Senate to take up
>>> the measure and set an example.
>>>
>>> But they faced a similar problem to the one that
>>> stymied the Liberals here [Oz] when they pushed a Bill
>>> to raise single rate pensions by $30 a week through
>>> our Senate.
>>>
>>> It was pointless because the Australian Constitution
>>> says Bills appropriating money cannot originate in
>>> the Upper House.
>>>
>>> Under the US Constitution, the Senate in Washington
>>> is not able to pass legislation containing tax provisions
>>> before the House of Representatives has passed it.
>>>
>>> The cunning solution was to attach the Emergency Economic
>>> Stabilisation Bill to a popular piece of legislation
>>> already passed by the House. Enter the Mental Health
>>> and Addiction Act.
>>>
>>> The Senate passed the package by 74 votes to 25, leaving
>>> the mental as well as financial health of a lot of worried
>>> Americans (and Australians too) again in the hands of the
>>> Congresspersons who'd rejected the bail-out the first
>>> time around."
>>>
>>> You Crazy Americans! B^D
>>>
>>> Alls well that ends well nuts finally showed some Nuts!!!
>>>
>>> BTW, does anyone have a list of the Congressmen who voted
>>> against the bill the first time and for it after regaining
>>> their sanity?
>>>
>>> I have the final vote.. but who switched?
>>>
>>> http://projects.washingtonpost.com/congress/110/hous
e/2/votes/679/
>>>
>>>
>>> I don't want to condemn their stupidity, but to celebrate
>>> their flexibility. ;-)
>
>
>
>>
>> Much more interesting is
>> the profile by Astrological sign:
>
> Your research into the arcane ideology "Das Kapitalismus"
> seems to be probing the outer reaches of luna...
Research into the defunct ideology of communism hit a dead end - as I
couldn't find any surviving examples. Castro's Cuba maybe, Mugabe
possibly, Zuma's Zouth Africa possibly. Care to cite any other graduates
of Patrice Lumumba university on Moscow?
> becoming more and more obscurantist and irrational as
> your pure market theories are routed by reality:
>
>> Yes No MIA
>> Aquarius 16 19 2
>> Aries 20 10 1
>> Cancer 30 18 0
>> Capricorn 16 17 0
>> Gemini 20 29 0
>> Leo 25 11 0
>> Libra 21 21 0
>> Pisces 12 11 0
>> Sagittarius 17 12 2
>> Scorpio 21 12 0
>> Taurus 15 10 2
>> Virgo 22 20 1
>>
>
> You forgot one:
>
> Bruin -the BEAR (Market) 1,200,000,000,000 ;-)
>
> It won the vote!
>
> As you said, BJ, (a tad prematurely) A triumph for democracy!! B^D
>
>> We can see that Aquarians and Geminis
>
> ,New Age wankers and two faced bastards,
>
>> make the best capitalists
>
> It figures! B^D
>
>
>> whereas Cancerians, Leos, Sagittarians, Scorpions and Taureans
>
> The Bull, symbol of the vigorous market!
>
> You are right, the market, with it's $1.2. Heart Attack
> made it's wishes perfectly clear.. it voted for Socialism..
> and so the thick skinned crabs, the brave Lions, and the
> Archers hit the Political bullseye...
>
> > are aggressive corporate welfare statists.
On the contrary, government intervention is more characteristic of the
USSR that you were so fond of. Isn't that why you call it the USSA?
>
> So, if there is any value at all in Astrology.. what's my Starsign? B^)
>
>> And the largest sub-group of politicians is represented by Cancer...
>
> Surgery is about to be performed, on the Repugnantans.
>
Democrats are already the majority in Congress
>
> -----------
>
> "Ohhhhh Say can you see
> By the dawns early light
> The markets in panic
> and Republicans take flight! "
>
> -----------
>
>
> "The Fundamentals of our Economy remain Strong" - John McSame,
> Republican Candidate for the Presidency of the Derivative Ravaged,
> Crisis torn, Economic Basket Case, The USSA!
>
> http://www.geocities.com/townsville_taliban/endoscop
e.html
>
>
> -----------
B J Foster wrote:
> fasgnadh wrote:
>> B J Foster wrote:
>>> fasgnadh wrote:
>>>>
>>>> How the Crazy US market became fixed by a Mental Health
>>>> Act to inject some healthy Socialism from Dr Keynes! B^D
>>>>
>>>>
>>>> "ON the subject of the Wall St rescue package, would you
>>>> believe it became a mental health issue when it was
>>>> voted on by the US Senate?
>>>>
>>>> Fair dinkum. It was tacked on to a piece of legislation
>>>> called the Mental Health and Addiction Act.
>>>>
>>>> Only in America!
>>>>
>>>> The reason was not that senators thought allocating
>>>> $US700 billion of taxpayer money to buy bad debts was
>>>> crazy - though some did.
>>>>
>>>> The strange coupling of a controversial financial
>>>> bail-out Bill with a measure to ensure health insurance
>>>> funds cover mental health issues was all about getting
>>>> around the US Constitution.
>>>>
>>>> When the US House of Representatives voted against the
>>>> rescue package, causing chaos on Wall St and throughout
>>>> the financial world, congressional leaders decided the
>>>> way to save the situation was for the Senate to take up
>>>> the measure and set an example.
>>>>
>>>> But they faced a similar problem to the one that
>>>> stymied the Liberals here [Oz] when they pushed a Bill
>>>> to raise single rate pensions by $30 a week through
>>>> our Senate.
>>>>
>>>> It was pointless because the Australian Constitution
>>>> says Bills appropriating money cannot originate in
>>>> the Upper House.
>>>>
>>>> Under the US Constitution, the Senate in Washington
>>>> is not able to pass legislation containing tax provisions
>>>> before the House of Representatives has passed it.
>>>>
>>>> The cunning solution was to attach the Emergency Economic
>>>> Stabilisation Bill to a popular piece of legislation
>>>> already passed by the House. Enter the Mental Health
>>>> and Addiction Act.
>>>>
>>>> The Senate passed the package by 74 votes to 25, leaving
>>>> the mental as well as financial health of a lot of worried
>>>> Americans (and Australians too) again in the hands of the
>>>> Congresspersons who'd rejected the bail-out the first
>>>> time around."
>>>>
>>>> You Crazy Americans! B^D
>>>>
>>>> Alls well that ends well nuts finally showed some Nuts!!!
>>>>
>>>> BTW, does anyone have a list of the Congressmen who voted
>>>> against the bill the first time and for it after regaining
>>>> their sanity?
>>>>
>>>> I have the final vote.. but who switched?
>>>>
>>>> http://projects.washingtonpost.com/congress/110/hous
e/2/votes/679/
>>>>
>>>>
>>>> I don't want to condemn their stupidity, but to celebrate
>>>> their flexibility. ;-)
>>
>>
>>
>>>
>>> Much more interesting is
>>> the profile by Astrological sign:
>>
>> Your research into the arcane ideology "Das Kapitalismus"
>> seems to be probing the outer reaches of luna...
>
> Research into the defunct ideology of communism hit a dead end - as I
> couldn't find any surviving examples. Castro's Cuba maybe, Mugabe
> possibly, Zuma's Zouth Africa possibly. Care to cite any other graduates
> of Patrice Lumumba university on Moscow?
So you are interested in Capitalism, Astrology and Communism...
why only arcane, defunct and failed ideologies?
>> becoming more and more obscurantist and irrational as
>> your pure market theories are routed by reality:
>>
>>> Yes No MIA
>>> Aquarius 16 19 2
>>> Aries 20 10 1
>>> Cancer 30 18 0
>>> Capricorn 16 17 0
>>> Gemini 20 29 0
>>> Leo 25 11 0
>>> Libra 21 21 0
>>> Pisces 12 11 0
>>> Sagittarius 17 12 2
>>> Scorpio 21 12 0
>>> Taurus 15 10 2
>>> Virgo 22 20 1
>>>
>>
>> You forgot one:
>>
>> Bruin -the BEAR (Market) 1,200,000,000,000 ;-)
>>
>> It won the vote!
>>
>> As you said, BJ, (a tad prematurely) A triumph for democracy!! B^D
>>
>>> We can see that Aquarians and Geminis
>>
>> ,New Age wankers and two faced bastards,
>>
>>> make the best capitalists
>>
>> It figures! B^D
>>
>>
>>> whereas Cancerians, Leos, Sagittarians, Scorpions and Taureans
>>
>> The Bull, symbol of the vigorous market!
>>
>> You are right, the market, with it's $1.2. Heart Attack
>> made it's wishes perfectly clear.. it voted for Socialism..
>> and so the thick skinned crabs, the brave Lions, and the
>> Archers hit the Political bullseye...
>>
>> > are aggressive corporate welfare statists.
>
> On the contrary,
Hang on.. you raised one of your three arcane interests, Astrology,
(I regard it as bogus as your flawed 'pure Capitalism' fantasy
which I have likened yo other utopian ideologues such as 'pure
Communism) which also seems not to exist anywhere in reality!
> government intervention is more characteristic of the
> USSR that you were so fond of.
When did I express fondness of the USSR? B^p
Has your inability to meaningfully defend your various unrealistic
ideologies caused you to misrepresent my position! B^[
> Isn't that why you call it the USSA?
I call it the USSA because, as everyone has just witnessed,
it has embraced Socialism to rescue Capitalism.
"Union of Socialist States of America"! How apt!
And how Ironic that it now has a more Centralist,
interventionist, command economy than Russia! B^D
They have swapped ideologies! B^D
We have had this discussion already and your last meaningful
post was to gloat when the Socialist Rescue package was first
rejected by the US House of representatives.
I predicted market mayhem, and immediately the US market alone
crashed $1,200,000,000,000 World markets took similar hits.
I predicted that congress would blink once the market reaction
became clear, and it did.
For some reason you, the avowed pro-Capitalist, can't accept
the verdict of the market or the triumph of democracy!
What do you want to try next.. after 'pure market Capitalism,
which is a practical impossibility and Astrology, which is
also complete nonsense!?
I, the advocate of Mixed economies from the outset am not
troubled by the markets decision, or that of the democratic
Congress... so what do you 'pure Capitalists' have to say that
either the market or the political leaders might find helpful
at this time.. bearing in mind that your last advice cost the
people of America a $1.2 Trillion Heart attack?
>>
>> So, if there is any value at all in Astrology.. what's my Starsign? B^)
>>
>>> And the largest sub-group of politicians is represented by Cancer...
>>
>> Surgery is about to be performed, on the Repugnantans.
>>
>
> Democrats are already the majority in Congress
Oh, I thought you were aware there is a Presidential election underway,
I seem to keep overestimating you....
And sitting Republicans will also experience the surgery at their
next election, especially those as un-attuned to the market as yourself,
who voted so disastrously to delay the Socialist Rescue of Capitalism
Bill, and tragically weakened it's efficacy. 8^o
Obviously such dangerous cretins have a short lifespan after such folly.
-----------
"Ohhhhh Say can you see
By the dawns early light
The markets in panic
and Republicans take flight! "
-----------
"The Fundamentals of our Economy remain Strong" - John McSame,
Republican Candidate for the Presidency of the Derivative Ravaged,
Crisis torn, Economic Basket Case, The USSA!
http://www.geocities.com/townsville_taliban/endoscop
e.html
-----------
fasgnadh wrote:
> B J Foster wrote:
>> fasgnadh wrote:
>>> B J Foster wrote:
...
>>>
>>> Your research into the arcane ideology "Das Kapitalismus"
>>> seems to be probing the outer reaches of luna...
>>
>> Research into the defunct ideology of communism hit a dead end - as I
>> couldn't find any surviving examples. Castro's Cuba maybe, Mugabe
>> possibly, Zuma's Zouth Africa possibly. Care to cite any other
>> graduates of Patrice Lumumba university on Moscow?
>
>
> So you are interested in Capitalism, Astrology and Communism...
I'm only interested in Astrology because it's about as scientific as
your criticism of the 'USSA' as a high example of capitalism.
>
> why only arcane, defunct and failed ideologies?
>
>
>>> becoming more and more obscurantist and irrational as
>>> your pure market theories are routed by reality:
>>>
>>>> Yes No MIA
>>>> Aquarius 16 19 2
>>>> Aries 20 10 1
>>>> Cancer 30 18 0
>>>> Capricorn 16 17 0
>>>> Gemini 20 29 0
>>>> Leo 25 11 0
>>>> Libra 21 21 0
>>>> Pisces 12 11 0
>>>> Sagittarius 17 12 2
>>>> Scorpio 21 12 0
>>>> Taurus 15 10 2
>>>> Virgo 22 20 1
>>>>
>>>
>>> You forgot one:
>>>
>>> Bruin -the BEAR (Market) 1,200,000,000,000 ;-)
>>>
>>> It won the vote!
>>>
>>> As you said, BJ, (a tad prematurely) A triumph for democracy!! B^D
>>>
>>>> We can see that Aquarians and Geminis
>>>
>>> ,New Age wankers and two faced bastards,
>>>
>>>> make the best capitalists
>>>
>>> It figures! B^D
>>>
>>>
>>>> whereas Cancerians, Leos, Sagittarians, Scorpions and Taureans
>>>
>>> The Bull, symbol of the vigorous market!
>>>
>>> You are right, the market, with it's $1.2. Heart Attack
>>> made it's wishes perfectly clear.. it voted for Socialism..
>>> and so the thick skinned crabs, the brave Lions, and the
>>> Archers hit the Political bullseye...
>>>
>>> > are aggressive corporate welfare statists.
>>
>> On the contrary,
>
> Hang on.. you raised one of your three arcane interests, Astrology,
> (I regard it as bogus as your flawed 'pure Capitalism' fantasy
> which I have likened yo other utopian ideologues such as 'pure
> Communism) which also seems not to exist anywhere in reality!
>
> > government intervention is more characteristic of the
>> USSR that you were so fond of.
>
> When did I express fondness of the USSR? B^p
>
> Has your inability to meaningfully defend your various unrealistic
> ideologies caused you to misrepresent my position! B^[
You're the one that attacks the 'USSA' as an example of the failure of
capitalism and then hides behind the claim that communism is defunct, or
alternatively that it is 'utopian'.
>
> > Isn't that why you call it the USSA?
>
> I call it the USSA because, as everyone has just witnessed,
> it has embraced Socialism to rescue Capitalism.
You got it half-right - as usual.
Stealing private capital by printing money is "embraced Socialism" exactly.
But is it to "rescue Capitalism"?
I don't think so!
Since Capitalism is about survival-of-the-fittest and allowing poor
performers to GO BUST, this is hardly about "rescuing capitalism". On
the contrary, it will fuck it up.
>
> "Union of Socialist States of America"! How apt!
Sure. It was your's I believe, so why did you miss the point?
>
> And how Ironic that it now has a more Centralist,
> interventionist, command economy than Russia! B^D
Yes
>
> They have swapped ideologies! B^D
Since when did the USSR/Russia embrace capitalism?
>
> We have had this discussion already and your last meaningful
> post was to gloat when the Socialist Rescue package was first
> rejected by the US House of representatives.
Nope. I said that it was a win for democracy and capitalism.
>
> I predicted market mayhem, and immediately the US market alone
> crashed $1,200,000,000,000 World markets took similar hits.
BFD. Volatility was inevitable.
The market factored this in over a year ago. In fact, it started in
2000. Just check the DOW/Gold ratio.
>
> I predicted that congress would blink once the market reaction
> became clear, and it did.
(yawn)
>
> For some reason you, the avowed pro-Capitalist, can't accept
> the verdict of the market or the triumph of democracy!
I swapped my banks stocks for gold (and BHP) many years ago. Ho hum.
>
> What do you want to try next.. after 'pure market Capitalism,
> which is a practical impossibility and Astrology, which is
> also complete nonsense!?
Astrology is just as good as your comparison between Republicans and
Democracts, which is why I posted it - lol
>
>
> I, the advocate of Mixed economies from the outset am not
> troubled by the markets decision, or that of the democratic
> Congress... so what do you 'pure Capitalists' have to say that
> either the market or the political leaders might find helpful
> at this time.. bearing in mind that your last advice cost the
> people of America a $1.2 Trillion Heart attack?
My advice?
>
>
>>>
>>> So, if there is any value at all in Astrology.. what's my Starsign? B^)
>>>
>>>> And the largest sub-group of politicians is represented by Cancer...
>>>
>>> Surgery is about to be performed, on the Repugnantans.
>>>
>>
>> Democrats are already the majority in Congress
>
>
> Oh, I thought you were aware there is a Presidential election underway,
> I seem to keep overestimating you....
Pelosi could have impeached the moron, so why didn't she?
>
> And sitting Republicans will also experience the surgery at their
> next election, especially those as un-attuned to the market as yourself,
You are *absolutely* right. I put my gold stocks into a drawer 5 years
ago. Maybe I'll dust them off in 2010 or so and see how they're doing.
Unattuned? Yes, rotfl, I would say so!
> who voted so disastrously to delay the Socialist Rescue of Capitalism
> Bill, and tragically weakened it's efficacy. 8^o
>
> Obviously such dangerous cretins have a short lifespan after such folly.
>
The support (from the leadership) was bipartisan (yawn)
>
>
> -----------
>
> "Ohhhhh Say can you see
> By the dawns early light
> The markets in panic
> and Republicans take flight! "
>
> -----------
>
>
> "The Fundamentals of our Economy remain Strong" - John McSame,
> Republican Candidate for the Presidency of the Derivative Ravaged,
> Crisis torn, Economic Basket Case, The USSA!
>
> http://www.geocities.com/townsville_taliban/endoscop
e.html
>
>
> -----------
fasgnadh wrote:
> B J Foster wrote:
>> fasgnadh wrote:
>>> B J Foster wrote:
>>>> fasgnadh wrote:
>>>>> B J Foster wrote:
>> ...
>>>>>
>>>>> Your research into the arcane ideology "Das Kapitalismus"
>>>>> seems to be probing the outer reaches of luna...
>>>>
>>>> Research into the defunct ideology of communism hit a dead end - as
>>>> I couldn't find any surviving examples. Castro's Cuba maybe, Mugabe
>>>> possibly, Zuma's Zouth Africa possibly. Care to cite any other
>>>> graduates of Patrice Lumumba university on Moscow?
>>>
>>>
>>> So you are interested in Capitalism, Astrology and Communism...
>>
>> I'm only interested in Astrology because it's about as scientific as
>> your criticism of the 'USSA' as a high example of capitalism.
>
> Sure BJ, no-one associates THE USSA with Capitalism! B^p
Well, shucks that's an interesting pov! I thought that *everyone*
associated the US with capitalism
>
> So why are you all so upset at the Socialist Rescue package being
> passed in Congress, when the Market
I am not 'upset', any more than I am 'upset' when Putin nationalises
oil. These things happen in other peoples' countries.
>
> Another example of a country not meeting YOUR stringent ideological
> standards to qualify as *Pure* Capitalism??? B^D
What would you have me think? That bailing out the losers is capitalism???
>
> I asked before, but you will no doubt ignore the question again, if
> the USSA isn't Capitalist.. who the hell is?????
The issue (as you would know, if you had read my comments) is that
bailouts (Greenspan printing money) got them into this mess in the first
place.
Regardless of ideology, most people with commonsense, when they see
things going badly, generally reverse course.
It just so happens that the downhill course is socialist (government
intervention), so don't you think that it's just possible, just maybe
that the opposite strategy (capitalism with minimum govt intervention)
may be what saves them?
>
> C'mon, stop playing coy, tell us some examples of economies which
> are Capitalist in your view or accept my view that all economies
> are Mixed, 'Pure' Capitalism or 'Pure' Communism exist only in the minds
> of Utopian Dreamers with their heads in the cloud of theory and are
> found NOWHERE in reality, and that the MARKET itself, ALL OF THEM,
> AROUND THE WORLD, rejected your notion of 'Self-correction' rather
> than intervention rather dramatically in ways which MY economic model
> predicted and yours didn't!
Are you completely off the planet? The US of course!
>
> Sweet Jebus.. the Day of the rejection of the Socialist rescue package
> by Congress I am on record accurately predicting a MASSIVE NEGATIVE
> MARKET REACTION.. and you are on record calling it a triumph for
> Democracy...
A socialist rescue package to rescue the corporate welfare tit suckers
from 3 or 4 previous Greenspan socialist intervention packages....
Listen mate, this has SFA to do with capitalism, so I don't know why you
raised the subject. You socialists should just get on with your
intervention and see if it works out, okay?
And when you're done, let me know, as it will be time to reassess those
gold stocks.
>
> Now the entire world has wised up.. Congress has tardily WOKEN UP and
> decided on a SOCIALIST Triumph of Democracy and you are whining and
> posting an EVEN MORE ABSURD LOAD OF DRIVEL THAN USUAL.. on ASTROLOGY!!!
>
> Grow up.
I just happen to think that astrology is JUST AS relevant as by party.
Grow up? ROTFL. You want to support a group of socialists bailing out a
group of corporate welfare statists, be my guest. One form of
intervention is just as ineffective as another. Therefore astrology is
just as effective as either. Sorry of that was too subtle for you.
>
>>>
>>> why only arcane, defunct and failed ideologies?
>
>
> We haven;'t had ANY rational discussion from you since you
> became aware that THE MARKET ITSELF demanded help because IT
> CANNOT SELF CORRECT!!!!
What market?
>
> You are like the Dr standing next to a cancer patient patient
> SCREAMING for treatment, telling them.. "Just Wait, the Cancer
> will self-correct.. The Invisible Hand is at Work"
Don't absurd. You call this capitalism?
http://www.cbsnews.com/blogs/2008/09/29/couricandco/
entry4486228.shtml
I thought you had a brain.
>
> No wonder you have started dishonestly misrepresenting
> my position because you cannot defend your own:
>
...
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