REAL WORLD EVENT DISCUSSIONS

And Meanwhile...

POSTED BY: SIGNYM
UPDATED: Monday, December 1, 2008 16:28
SHORT URL:
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Wednesday, November 12, 2008 4:40 AM

SIGNYM

I believe in solving problems, not sharing them.


GM: The Threat of Bankruptcy

No. 2 mall operator warns of bankruptcy

Macy's loses $44M in third quarter

Deutsche Bank sues Lehman for $72.5 million

Circuit City Bankrupt

Best Buy: 'Most difficult climate we've ever seen'

American Express seeks $3.5B from feds

Bonds rise despite bailout momentum

EU backs proposed Alitalia takeover

Clothing retailer Harold's now says it's closing

National Wholesale Liquidators files for Chapter 11
--------------
NOPE! No recession here! Move along please, nothing to see...

---------------------------------
Let's party like its 1929.

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Wednesday, November 12, 2008 4:58 AM

AURAPTOR

America loves a winner!


Sounds like you're hoping for a recession. Why all the fuss ?

By definition , there needs to be 2 consecutive quarters of negative growth. So far, there's only been 1. Looks like there'll be another, and if there is, we'll get through it like we did the last one.

I fail to see the point of all this.



It is not those who use the term "Islamo-Fascism" who are sullying the name of Islam; it is the Islamo-Fascists. - Dennis Prager


" They don't like it when you shoot at 'em. I worked that out myself. "

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Wednesday, November 12, 2008 6:07 AM

NEWOLDBROWNCOAT


Quote:

Originally posted by AURaptor:


By definition , there needs to be 2 consecutive quarters of negative growth. So far, there's only been 1. Looks like there'll be another, and if there is, we'll get through it like we did the last one.

I fail to see the point of all this.



And that'll be after the Inauguration, so it will be Obama's fault!

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Wednesday, November 12, 2008 6:24 AM

RUE

I have a vote and I'm not afraid to use it!


"By definition , there needs to be 2 consecutive quarters of negative growth."

NOPE. Wrong, yet again.

A recession hasn't offically happened until the NBER dclares one. And the NBER looks at many indicators to determine a recession:

"A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales."

***************************************************************

Wrong, wrong, wrong, wrong, wrong wrong ... don't you ever get tired of yourself being wrong ?

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Wednesday, November 12, 2008 6:41 AM

CANTTAKESKY


Look what happened in Iceland. Is it a matter of time before the same thing happens in the USA?

http://tinyurl.com/62uxl8
Quote:

New York Times, Nov 8, 2008

...Overnight, people lost their savings. Prices are soaring. Once-crowded restaurants are almost empty. Banks are rationing foreign currency, and companies are finding it dauntingly difficult to do business abroad. Inflation is at 16 percent and rising. People have stopped traveling overseas. The local currency, the krona, was 65 to the dollar a year ago; now it is 130. Companies are slashing salaries, reducing workers’ hours and, in some instances, embarking on mass layoffs....

...Until last spring, Iceland’s economy seemed white-hot. It had the fourth-highest gross domestic product per capita in the world. Unemployment hovered between 0 and 1 percent (while forecasts for next spring are as high as 10 percent). A 2007 United Nations report measuring life expectancy, real per-capita income and educational levels identified Iceland as the world’s best country in which to live....

...There was so much work, employers had to import workers from abroad. Ms. Nordfjord, the architect, worked so much overtime last year that she doubled her salary. She was featured on a Swedish radio program as an expert on Iceland’s extraordinary building boom.

Two months ago, her company canceled all overtime. Two weeks ago, it acknowledged that work was slowing. But it promised that there would be enough to last through next summer.

The next day, everyone was herded into a conference room and fired....



--------------------------
Dr. Horrible Karaoke


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Wednesday, November 12, 2008 6:54 AM

SIGNYM

I believe in solving problems, not sharing them.


Quote:

And that'll be after the Inauguration, so it will be Obama's fault!
But... but.... but.... Clinton...!


Yeah, he's at fault too.

Just beating you to the punch Rapo.

---------------------------------
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Wednesday, November 12, 2008 8:48 AM

NEWOLDBROWNCOAT


Quote:

Originally posted by SignyM:

But... but.... but.... Clinton...!


Yeah, he's at fault too.


I'm sorry, you're right. I forgot that part.

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Wednesday, November 12, 2008 9:43 AM

STORYMARK


Quote:

Originally posted by AURaptor:

I fail to see the point of all this.



It's nice to see you owning up to your ignorance.

"I thoroughly disapprove of duels. If a man should challenge me, I would take him kindly and forgivingly by the hand and lead him to a quiet place and kill him."

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Wednesday, November 12, 2008 9:49 AM

RIVERLOVE


The Govt. ever bail out the Typewriter Industry?
Or Kodak film, or Betamax distributors?

Companies that fail on their own should be left to die. There's always others willing to step in.

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Wednesday, November 12, 2008 10:52 AM

AURAPTOR

America loves a winner!


Quote:

Originally posted by rue:
"By definition , there needs to be 2 consecutive quarters of negative growth."

NOPE. Wrong, yet again.

A recession hasn't offically happened until the NBER dclares one. And the NBER looks at many indicators to determine a recession:

"A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales."

***************************************************************

Wrong, wrong, wrong, wrong, wrong wrong ... don't you ever get tired of yourself being wrong ?



Nope. I'm right. The popular definition of a recession is negative growth for 2 consecutive quarters. That some economist don't like it doesn't make it " wrong ".

Deal w/ it .



It is not those who use the term "Islamo-Fascism" who are sullying the name of Islam; it is the Islamo-Fascists. - Dennis Prager


" They don't like it when you shoot at 'em. I worked that out myself. "

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Wednesday, November 12, 2008 10:53 AM

AURAPTOR

America loves a winner!


Quote:

Originally posted by Storymark:
Quote:

Originally posted by AURaptor:

I fail to see the point of all this.



It's nice to see you owning up to your ignorance.

"I thoroughly disapprove of duels. If a man should challenge me, I would take him kindly and forgivingly by the hand and lead him to a quiet place and kill him."



Well, if it's to vilify anyone for the economic situation we're in , the blame lies squarely on the Democrat party, but since it affects all, I don't see what the point of whining does.



It is not those who use the term "Islamo-Fascism" who are sullying the name of Islam; it is the Islamo-Fascists. - Dennis Prager


" They don't like it when you shoot at 'em. I worked that out myself. "

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Wednesday, November 12, 2008 10:53 AM

RUE

I have a vote and I'm not afraid to use it!


"Nope. I'm right. The accepted definition of a recession is negative growth for 2 consecutive quarters. Deal w/ it ."

DOoooood - I posted the DEFINITION as given by the NBER - the place that 'decides' if there is a recession or not. Dispute them, or deal with it. Go boy ! Fetch !

***************************************************************

Silence is consent.

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Wednesday, November 12, 2008 11:06 AM

AURAPTOR

America loves a winner!


And meanwhile, I saw gas on sale for $ 1.96 today.



It is not those who use the term "Islamo-Fascism" who are sullying the name of Islam; it is the Islamo-Fascists. - Dennis Prager


" They don't like it when you shoot at 'em. I worked that out myself. "

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Wednesday, November 12, 2008 11:11 AM

RUE

I have a vote and I'm not afraid to use it!


Must be because Obama said he would put a lot of conditions on offshore drilling.

***************************************************************

Silence is consent.

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Wednesday, November 12, 2008 11:14 AM

AURAPTOR

America loves a winner!


Quote:

Originally posted by rue:
Must be because Obama said he would put a lot of conditions on offshore drilling.

***************************************************************

Silence is consent.



Point of fact, the price of oil has come steadily down ever since Bush ended the E.O. on offshore drilling.



It is not those who use the term "Islamo-Fascism" who are sullying the name of Islam; it is the Islamo-Fascists. - Dennis Prager


" They don't like it when you shoot at 'em. I worked that out myself. "

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Wednesday, November 12, 2008 11:21 AM

RUE

I have a vote and I'm not afraid to use it!


All despite the fact that no surveying, planning, leasing, building, drilling, or refining has occured.

And since Obama has said that he would put conditions on the non-existant drilling, the non-existant conditions on the non-existant drilling should also affect the price. But --- they haven't.

Meanwhile, the roaring ! on fire ! economy and its effect on speculation has nothing to do with the price of oil.

At least not in Rap/ PN world.

***************************************************************

Farewell Rap, we hardly knew ye.

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Wednesday, November 12, 2008 11:31 AM

SIGNYM

I believe in solving problems, not sharing them.


Quote:

the blame lies squarely on the Democrat party
Prove it.
Quote:

but since it affects all, I don't see what the point of whining does
So we learn from experience? Maybe that's a foreign concept to you (learning from experience) but it DOES help not to fall into the same hole... again.


---------------------------------
Let's party like its 1929.

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Wednesday, November 12, 2008 11:39 AM

STORYMARK


Quote:

Originally posted by rue:
"Nope. I'm right. The accepted definition of a recession is negative growth for 2 consecutive quarters. Deal w/ it ."

DOoooood - I posted the DEFINITION as given by the NBER - the place that 'decides' if there is a recession or not. Dispute them, or deal with it. Go boy ! Fetch !

***************************************************************

Silence is consent.



A logical, factual post, that of course Rappy will never respond to. And he will still keep insisting that he gets to determine the definition of recession.

"I thoroughly disapprove of duels. If a man should challenge me, I would take him kindly and forgivingly by the hand and lead him to a quiet place and kill him."

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Wednesday, November 12, 2008 1:02 PM

AURAPTOR

America loves a winner!


Quote:

Originally posted by SignyM:
Quote:

the blame lies squarely on the Democrat party
Prove it.
Quote:

but since it affects all, I don't see what the point of whining does
So we learn from experience? Maybe that's a foreign concept to you (learning from experience) but it DOES help not to fall into the same hole... again.


---------------------------------
Let's party like its 1929.



Already posted, but Barney Frank and the Dems denied putting tighter controls on Fannie and Freddie, along w/ the Dems overall being beholden to BIG UNION like UAW , which forces the big 3 auto makers to pay ridiculous prices for employee wages, 70% - 120 % higher than their competitors. And lets not forget Chucky Schumer's catastrophic remarks which caused the failure of IndyMac.



It is not those who use the term "Islamo-Fascism" who are sullying the name of Islam; it is the Islamo-Fascists. - Dennis Prager


" They don't like it when you shoot at 'em. I worked that out myself. "

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Wednesday, November 12, 2008 1:04 PM

STORYMARK


See. Ignored the fact that shot him down.

At least he's reliably predictable.

"I thoroughly disapprove of duels. If a man should challenge me, I would take him kindly and forgivingly by the hand and lead him to a quiet place and kill him."

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Thursday, November 13, 2008 8:21 AM

SIGNYM

I believe in solving problems, not sharing them.


Quote:

Already posted, but Barney Frank and the Dems denied putting tighter controls on Fannie and Freddie, along w/ the Dems overall being beholden to BIG UNION like UAW , which forces the big 3 auto makers to pay ridiculous prices for employee wages, 70% - 120 % higher than their competitors.And lets not forget Chucky Schumer's catastrophic remarks which caused the failure of IndyMac.
You sayin' so doesn't make it so. I said "Prove it", I didn't say "regurgitate Limbaugh and restate his points".

So... try real proof.
Quote:

Barney Frank and the Dems denied putting tighter controls on Fannie and Freddie
Tell us... out of all of the toxic/ subprime loans that were written, what percent did Fannie and Freddie write? 10%? 50%? 95%? Out of all of the toxic/ subprime loans that were securitized (ie turned into bonds) what percentage did Fannie and Freddie securitize? 25%? 60%? 100%? Overall, how much of the subprime mess was created by Fannie and Freddie?
Quote:

along w/ the Dems overall being beholden to BIG UNION like UAW , which forces the big 3 auto makers to pay ridiculous prices for employee wages, 70% - 120 % higher than their competitors
Specifically, what role did "the Democrats" play in the last round of contract negotiations? What percentage of big 3 US labor cost is due to health benefits- which in other countries is provided by the government? How much did SUV sales decline when gas prices went up to $4/ gallon? How much credit is currently available for vehicle purchases? And how do you account for the parallel decline in retail sales, housing sales, shipping, trucking and airlines?
Quote:

And lets not forget Chucky Schumer's catastrophic remarks which caused the failure of IndyMac
How do you explain the failure of Wamu, Security Pacific Bank, Lehman, seventeen more banks, a host of small investment firms and hedge funds, and the near-failure of Morgan Stanley and Goldman Sachs?




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Thursday, November 13, 2008 9:01 AM

SIGNYM

I believe in solving problems, not sharing them.


So Rapo, I'm keeping these questions warm, ready for your analysis!

---------------------------------
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Thursday, November 13, 2008 10:31 AM

SIGNYM

I believe in solving problems, not sharing them.


Still on the front burner, Rapo! Do some homework and show us what you're worth!

---------------------------------
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Thursday, November 13, 2008 10:35 AM

SIGNYM

I believe in solving problems, not sharing them.


And remember... google is your friend.

---------------------------------
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Thursday, November 13, 2008 11:09 AM

RUE

I have a vote and I'm not afraid to use it!


I think Rap checked out a while ago.

***************************************************************

Silence is consent.

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Thursday, November 13, 2008 11:19 AM

SIGNYM

I believe in solving problems, not sharing them.


Quote:

I think Rap checked out a while ago.
Yeah. About... 15 years ago? But I'm giving him a chance to reclaim his brain and redeem his reputation, and what's not to like about THAT???


---------------------------------
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Thursday, November 13, 2008 11:25 AM

RUE

I have a vote and I'm not afraid to use it!


Hey --- GO FOR IT !!!

If not this thread, maybe another.

***************************************************************

Silence is consent.

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Thursday, November 13, 2008 12:42 PM

SIGNYM

I believe in solving problems, not sharing them.


Awww. nuts. I'm tired of wating for rapo, so Ima gonna steal some of his thunder by aswering a few of the questions right now.
Quote:

Tell us... out of all of the toxic/ subprime loans that were written, what percent did Fannie and Freddie write? 10%? 50%? 95%?
ZERO PERCENT. YEP! 0%. You see, Fannie and Freddie don't WRITE loans. In fact More than 84 percent of the subprime mortgages in 2006 were issued by private lending institutions.
Quote:

Out of all of the toxic/ subprime loans that were securitized (ie turned into bonds) what percentage did Fannie and Freddie securitize? 25%? 60%? 100%?
ABOUT 25%.

Indeed Between 2004 and 2006, when subprime lending was exploding, Fannie and Freddie went from holding a high of 48 percent of the subprime loans that were sold into the secondary market to holding about 24 percent, according to data from Inside Mortgage Finance, a specialty publication. One reason is that Fannie and Freddie were subject to tougher standards than many of the unregulated players in the private sector who weakened lending standards, most of whom have gone bankrupt or are now in deep trouble.
Quote:

Overall, how much of the subprime mess was created by Fannie and Freddie?
Overall, less than 15%. Fannie and Freddie securitized about 25% of subprime loans, but because these loans were lower risk than what was being offered commercially, Fannie's and Freddie's "at risk" loans represent only a small fraction of the overall "at risk" mortgages.

www.mcclatchydc.com/251/story/53802.html

But hey, Rapo! It's not to late to redeem yourself with some independent analyses on the other questions!

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Thursday, November 13, 2008 1:08 PM

SERGEANTX


Looks like financial hardship is the new growth strategy.

SergeantX

"Dream a little dream or you can live a little dream. I'd rather live it, cause dreamers always chase but never get it." Aesop Rock

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Thursday, November 13, 2008 2:31 PM

SIGNYM

I believe in solving problems, not sharing them.


Huh?

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Thursday, November 13, 2008 3:27 PM

SIGNYM

I believe in solving problems, not sharing them.


Quote:

Overall, less than 15%. Fannie and Freddie securitized about 25% of subprime loans, but because these loans were lower risk than what was being offered commercially, Fannie's and Freddie's "at risk" loans represent only a small fraction of the overall "at risk" mortgages.
So, hey, Rapo- I thought you dealt in FACTS!

So, where are those FACTS, man?

I say to you... Come forth!

Or just stop blathering your stupid shit all over the board!

---------------------------------
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Thursday, November 13, 2008 5:24 PM

AURAPTOR

America loves a winner!


Meanwhile, most of us are working during the day, even on our days off.....

Sig, you're wrong, as usual. The question isn't how many loans they WROTE, ( nice attempt at distraction , though ) but what loans they BOUGHT. And sold. By buying at risk loans, ( though none sub prime ) Fannie and Freddie phonied up their portfolios, And if the loans fell through ? So what ? Uncle Sam was there to come to the rescue. Or, as Paul Krugman explains... " although they're private companies with stockholders and profits, they're "government-sponsored enterprises" established by federal law, which means that they receive special privileges.

The most important of these privileges is implicit: it's the belief of investors that if Fannie and Freddie are threatened with failure, the federal government will come to their rescue.....If Fannie and Freddie do well, their stockholders reap the benefits, but if things go badly, Washington picks up the tab. Heads they win, tails we lose.
" http://www.econbrowser.com/archives/2008/07/did_fannie_and.html


Fannie and Freddie weren't alone in the causing of this chaos, but they were clearly arm in arm w/ the Democrats. Dems pushed for more and more loans to low income/minority bad credit borrowers (Community Reinvestment Act , with amendments by Clinton in '95 ) , which lead to more home "buyers" , which caused a housing boom......

The symbiotic relationship between the Dems and Fannie / Freddie can't be dismissed or so casually ignored. From Barney Franks " ex " Herb Moses, to Franklin Raines praising the Dems.


http://www.mediacircus.com/tag/fannie-mae/





It is not those who use the term "Islamo-Fascism" who are sullying the name of Islam; it is the Islamo-Fascists. - Dennis Prager


" They don't like it when you shoot at 'em. I worked that out myself. "

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Thursday, November 13, 2008 5:35 PM

ANTHONYT

Freedom is Important because People are Important


Hello,

As someone in the lending industry, I can assure you that lending institutions needed no prodding to provide risky loans. Merely the promise of easy money in an ever-expanding real estate bubble.

I wrote a decent post on this once, but I'll be darned if I can remember under what thread title.

If you pay attention, you'll notice that the government is currently pushing banks as hard as they can to lend money, and the banks are digging their heels into the ground.

Banks do whatever they think will be profitable. They even race to provide questionable loans if they think they won't be left holding the hot potato. Right now they don't see a bright and shiny bubble, just a long, painful drop. That's why lending has gotten so restrictive all of the sudden, even with the government prodding them to loosen up.

--Anthony

"Liberty must not be purchased at the cost of Humanity." --Captain Robert Henner

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Friday, November 14, 2008 7:44 AM

SIGNYM

I believe in solving problems, not sharing them.


Quote:

Sig, you're wrong, as usual. The question isn't how many loans they WROTE, ( nice attempt at distraction , though ) but what loans they BOUGHT. And sold.
About 25% of what was "out there". And of the "at risk" loans, only about 15%. I answered that question, altho you didn't. So why are you still beating this dead horse?
Quote:

Or, as Paul Krugman explains... " although they're private companies with stockholders and profits, they're "government-sponsored enterprises" established by federal law, which means that they receive special privileges. The most important of these privileges is implicit: it's the belief of investors that if Fannie and Freddie are threatened with failure, the federal government will come to their rescue
Which is what happened. Which, BTW, undercuts YOUR point that Fannie and Freddie "caused" this mess.
Quote:

Fannie and Freddie weren't alone in the causing of this chaos, but they were clearly arm in arm w/ the Democrats
So what? The investment banks and mortgage banks were arm-in-arm with Phil Gramm (R) and THEY were by far the larger part, and the root cause of the problem. If you want to make this a partisan issue, the weather-vane swings more towards the R side.

Yanno, it would be helpful TO YOU if you wouldn't cherry-pick your "facts" into irrelevance.
Quote:

As someone in the lending industry, I can assure you that lending institutions needed no prodding to provide risky loans. Merely the promise of easy money in an ever-expanding real estate bubble.
Thank you, Anthony. I recalled your post altho I couldn't remember who had posted it.

So there you have it, rap. From outside sources and "inside" sources, your story (It's the Dem's fault)... blown bits.



---------------------------------
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Friday, November 14, 2008 3:18 PM

STORYMARK


Bump - just 'cause.

"I thoroughly disapprove of duels. If a man should challenge me, I would take him kindly and forgivingly by the hand and lead him to a quiet place and kill him."

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Saturday, November 15, 2008 7:09 AM

SIGNYM

I believe in solving problems, not sharing them.


Okay Rapo, to clarify what you've been doing wrong, and why you so often go astray from the real world....

You're starting from a position (Saddam needed to be deposed, the economic metldown is the Dem's fault, tax cuts for the rich grow the economy) and then you go looking for facts which agree with your premise. It doesn't seem to matter to you that you have to discard 99 items which disgree with your premise in order to find the one item which supports it. Blinding yourself to real-world events to keep your mental model intact is not a good way to understand the world. You will be blindsided by those events, and you can then be manipulated by those less ethical than yourself, because they will cynically use your convictions against you (knowing that you will never question their veracity and motivations).

So let me give you a hint: You should pay close attention to data even if... no, especially if... it countervails your assumptions.


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Sunday, November 16, 2008 12:41 PM

AURAPTOR

America loves a winner!



You continue to ignore reality. Nothing I can say/do will change that.

Ever.



It is not those who use the term "Islamo-Fascism" who are sullying the name of Islam; it is the Islamo-Fascists. - Dennis Prager


" They don't like it when you shoot at 'em. I worked that out myself. "

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Tuesday, November 18, 2008 1:28 PM

STORYMARK


Classic Rappy. Someone posts facts that contradict him, so he just ignores them, or claims they're not true (always without evidence), and dances around ever giving a real answer.

You are consistant, I will give you that.

"I thoroughly disapprove of duels. If a man should challenge me, I would take him kindly and forgivingly by the hand and lead him to a quiet place and kill him."

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Tuesday, November 18, 2008 1:39 PM

AURAPTOR

America loves a winner!


I ignore the spin, YOU ignore the facts.



Big difference.



It is not those who use the term "Islamo-Fascism" who are sullying the name of Islam; it is the Islamo-Fascists. - Dennis Prager


" They don't like it when you shoot at 'em. I worked that out myself. "

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Tuesday, November 18, 2008 1:45 PM

STORYMARK


Dude. Those were FACTS. You have nothing but spin.

Not that I expect you to ever, ever, ever admit to being wrong, but damn man. At least try to act like you have something to go on.

You're a joke.

And you don't even get it.

"I thoroughly disapprove of duels. If a man should challenge me, I would take him kindly and forgivingly by the hand and lead him to a quiet place and kill him."

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Tuesday, November 18, 2008 1:46 PM

RUE

I have a vote and I'm not afraid to use it!


But Rap, you never PROVIDE any facts ! Just spin ! And well, the smelly brand of Rap's Crap. TM

***************************************************************

Silence is consent.

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Tuesday, November 18, 2008 2:37 PM

AURAPTOR

America loves a winner!


Story, you cherry pick the nits here and there, and claim as if that's some how vindication of your sorry ass world view. . It's not, not by a long shot. I give 100% facts, and all you do is ignore and spin.



It is not those who use the term "Islamo-Fascism" who are sullying the name of Islam; it is the Islamo-Fascists. - Dennis Prager


" They don't like it when you shoot at 'em. I worked that out myself. "

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Tuesday, November 18, 2008 4:05 PM

SIGNYM

I believe in solving problems, not sharing them.


Quote:

Story, you cherry pick the nits here and there
Rapo: YOU accuse peeps of "cherry picking???"
Quote:

I give 100% facts, and all you do is ignore and spin.
What you provide is about 50% "fact content" which covers about 1% of the situation. Have you heard "the truth, the whole truth, and nothing but the truth"? Maybe someday you'll get to the "whole truth" part.


---------------------------------
Let's party like its 1929.

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Tuesday, November 18, 2008 4:14 PM

AURAPTOR

America loves a winner!


you watch too many old cop shows on t.v.



It is not those who use the term "Islamo-Fascism" who are sullying the name of Islam; it is the Islamo-Fascists. - Dennis Prager


" They don't like it when you shoot at 'em. I worked that out myself. "

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Tuesday, November 18, 2008 4:31 PM

SIGNYM

I believe in solving problems, not sharing them.


Quote:

you watch too many old cop shows on t.v.
BWAHAHAhahaha!!!!!!

I barely watch TV at all!


Look Rapo, I'm trying to point out something really, really important and incredibly useful: The world doesn't give a shit about how you think it "should be". And if you only see the parts that support your view, all of those "disagreeable" parts will constantly blindside you. It's like driving without mirrors and parts of your windows blacked out: Not a safe thing to do, is it?

I knew that we were going to have a terrorist attack on our soil. I explained how SUVs would eventually drag down the "big three". I predicted the current economic meltdown. How did I do that??? By NOT TRYING TO FORCE THE WORLD INTO A MOLD. It is as it is. You can best survive by seeing, really looking at as much of it as you can.




---------------------------------
Let's party like its 1929.

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Tuesday, November 18, 2008 4:33 PM

AURAPTOR

America loves a winner!


sure you did.



It is not those who use the term "Islamo-Fascism" who are sullying the name of Islam; it is the Islamo-Fascists. - Dennis Prager


" They don't like it when you shoot at 'em. I worked that out myself. "

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Tuesday, November 18, 2008 4:34 PM

SIGNYM

I believe in solving problems, not sharing them.


Didja happen to notice the tagline I've been using for... quite a while? Shall I link to my old posts? Or will you choose to ignore those too?

Look, Rapo, I'm trying to explain something here. Something important. You're a bright guy and you know the world is a scary place. So you, of all people, should realize at a gut level that blinding yourself to large chunks of reality is dangerous.

---------------------------------
Let's party like its 1929.

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Tuesday, November 18, 2008 5:19 PM

SIGNYM

I believe in solving problems, not sharing them.


bump.

---------------------------------
Let's party like its 1929.

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Wednesday, November 19, 2008 1:27 AM

AURAPTOR

America loves a winner!


We're not headed toward anything remotely as bas as a depression. Nice try, Nostrodumbass.





It is not those who use the term "Islamo-Fascism" who are sullying the name of Islam; it is the Islamo-Fascists. - Dennis Prager


" They don't like it when you shoot at 'em. I worked that out myself. "

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Wednesday, November 19, 2008 3:20 AM

KWICKO

"We'll know our disinformation program is complete when everything the American public believes is false." -- William Casey, Reagan's presidential campaign manager & CIA Director (from first staff meeting in 1981)


Quote:

Originally posted by AURaptor:
We're not headed toward anything remotely as bas as a depression. Nice try, Nostrodumbass.



This from the douchebag who says that Obama will destroy the country.

Guess it's good to know that it'll be destroyed WITHOUT the benefit of an economic depression...

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