puttin' th' heels o' me hands together, coverin' me face with me hands, palms against me cheeks, an' blowin' as hard as I can
Fffffwwapappppaaapappfft

SPAM

Where does she say she believes it is a few thousan' years auld, by Davy Jones' locker?  That is a "Church o' Englan'" notion from th' 1800s.

As she told gibson, she meets trade delegations

"we got 3 pages BITCHEESSS

and plus, not everything can be about americans ..u god damn cocky bastards

and soth..there's too many links after yours, to be followed
..not enough time for your childish jokes  "

not a very American comment

your attitude has been noted

oh yes!

it has been noted

has cookies?

Yeah that costs money to do.  There's a "reform" they passed after Enron called Sarbanes-Oxley, requires all kinds of accounting, the accounting costs to launch a new $75 million firm on Wall Street are about $3 million now.

US federal government says many agencies can write regulations into law...they have to publish them in advance, hold hearings for the public, and barring any serious challenge it becomes law.  Most of the Federal Register was written by bureaucrats.   This is building "technocracy", and permanent bureaucracies that last beyond any partisan majority.

makes me very happy to know that because some of the changes were lame!

domo!

pirate day! arrr

BW

Well here's my take.  People NEED short term paper. People who have a provable record, who could and would and will pay it back.

Maxed out banks WON"T make the loans, they say they don't know what their assets are worth.

Well...how long can they snub that business?  How long will the world sit back and watch them ignore that business?

If I had a billion dollars...I'd find 99 other guys with a billion dollars, pool some cash, form our own bank
$5 billion in assets means Fed Reserve will let you carry out up to $80 billion in loans. Kaching.

That's The Yell solution--form some new banks.   And then old banks are going to say, OK if my mortgage is for
--a family dwelling
--that's not condemned
--in a town that exists
I'm gonna say, it's worth 80% or 60% of the appraised value--and go from there.
THE MARKET will create an arbitrary value for these assets without a TARP buying up and marking off these loans.  These banks need to end uncertainty about their value, they'll invent a number between themselves.

We can get buy without destroying our dollar--and borrowing whatever we feel we could use is gonna destroy our dollar.

That's not immensely popular right now...waaa.  Hugh Hewitt the Moderate is saying Pelosi ruined people today.  I hadn't known keeping the Dow over 10k was a Federal responsibility.  Good thing we have moderates to explain the nuances. /sarc

BTW--you know how Barney Frank got to be chairman? All House Chairs are assigned based on fundraising.  Puts those FreddieMac-FannieMae contrbutions in perspective, don't it? 

Glad
the House Republican LEADERSHIP says she blew 12 votes that way.  If she'd had Democrats lined up she wouldnt' have to care.

I KNOW what the press would say about a Republican Speaker who couldn't get more than 66% of their caucus behind them...becasue we heard it when Newt ran things!

WASHINGTON - The House on Monday defeated a $700 billion emergency rescue for the nation's financial system, ignoring urgent warnings from President Bush and congressional leaders of both parties that the economy could nosedive into recession without it.

Stocks plummeted on Wall Street even before the 228-205 vote to reject the bill was announced on the House floor.

Bush and a host of leading congressional figures had implored the lawmakers to pass the legislation despite howls of protest from their constituents back home. Despite pressure from supporters, not enough members were willing to take the political risk just five weeks before an election.

Ample no votes came from both the Democratic and Republican sides of the aisle. More than two-thirds of Republicans and 40 percent of Democrats opposed the bill.

The overriding question for congressional leaders was what to do next. Congress has been trying to adjourn so that its members can go out and campaign. And with only five weeks left until Election Day, there was no clear indication of whether the leadership would keep them in Washington. Leaders were huddling after the vote to figure out their next steps.

A White House spokesman said that President Bush was "very disappointed."

"There's no question that the country is facing a difficult crisis that needs to be addressed," Tony Fratto told reporters. He said the president will be meeting with members of his team later in the day "to determine next steps."

"Obviously we are very disappointed in this outcome," Fratto said. ". There's no question that the country is facing a difficult crisis that needs to be addressed. The president will be meeting with his team this afternoon to determine the next steps and will also be in touch with congressional leaders."

Monday's mind-numbing vote had been preceded by unusually aggressive White House lobbying, and spokesman Tony Fratto said that Bush had used a "call list" of people he wanted to persuade to vote yes as late as just a short time before the vote.

Lawmakers shouted news of the plummeting Dow Jones average as lawmakers crowded on the House floor during the drawn-out and tense call of the roll, which dragged on for roughly 40 minutes as leaders on both sides scrambled to corral enough of their rank-and-file members to support the deeply unpopular measure.

They found only two.

Bush and his economic advisers, as well as congressional leaders in both parties had argued the plan was vital to insulating ordinary Americans from the effects of Wall Street's bad bets. The version that was up for vote Monday was the product of marathon closed-door negotiations on Capitol Hill over the weekend.

"We're all worried about losing our jobs," Rep. Paul Ryan, R-Wis., declared in an impassioned speech in support of the bill before the vote. "Most of us say, 'I want this thing to pass, but I want you to vote for it