Libby Loo wrote:


"Too_Many_Tools" wrote in message
...
Hey how about a faceoff...I would buy tickets for the fight.

And for a followup how about Ann Coulter and Sarah Palin...

TMT

Two hotties. Not like those ugly democrats like Janet Reno, Nancy Pelosi
or Hot Pants Hillary

Steele is a wimp. He already apologized to Rush about the incendiary and
ugly" comment. Rush is clearly the leader of the GOP.

"Middle Class Warrior" wrote in message
om...
Libby Loo wrote:


"Too_Many_Tools" wrote in message
...
Hey how about a faceoff...I would buy tickets for the fight.

And for a followup how about Ann Coulter and Sarah Palin...

TMT

Two hotties. Not like those ugly democrats like Janet Reno, Nancy Pelosi
or Hot Pants Hillary

Steele is a wimp. He already apologized to Rush about the incendiary and
ugly" comment. Rush is clearly the leader of the GOP.

Between Phil Gingrey and Michael Steele, the Republicans are starting to
look like the Obsequious Party. Next thing they'll be getting down on bended
knee to kiss Limbaugh's ring.

--
Ed Huntress

On Mon, 02 Mar 2009 23:10:19 -0500, Middle Class Warrior
wrote:

Libby Loo wrote:


"Too_Many_Tools" wrote in message
...
Hey how about a faceoff...I would buy tickets for the fight.

And for a followup how about Ann Coulter and Sarah Palin...

TMT

Two hotties. Not like those ugly democrats like Janet Reno, Nancy Pelosi
or Hot Pants Hillary

Steele is a wimp. He already apologized to Rush about the incendiary and
ugly" comment. Rush is clearly the leader of the GOP.


Leader? Or has more people whom believe as he does? After all..Rush is
just an entertainer.

Gunner

"Lenin called them "useful idiots," those people living in
liberal democracies who by giving moral and material support
to a totalitarian ideology in effect were braiding the rope that
would hang them. Why people who enjoyed freedom and prosperity worked
passionately to destroy both is a fascinating question, one still with us
today. Now the useful idiots can be found in the chorus of appeasement,
reflexive anti-Americanism, and sentimental idealism trying to inhibit
the necessary responses to another freedom-hating ideology, radical Islam"

Bruce C. Thornton, a professor of Classics at American University of Cal State Fresno

Let the Record show that Gunner Asch on
or about Mon, 02 Mar 2009 21:06:47 -0800 did write/type or cause to
appear in rec.crafts.metalworking the following:
On Mon, 02 Mar 2009 23:10:19 -0500, Middle Class Warrior
wrote:

Libby Loo wrote:


"Too_Many_Tools" wrote in message
...
Hey how about a faceoff...I would buy tickets for the fight.

And for a followup how about Ann Coulter and Sarah Palin...

TMT

Two hotties. Not like those ugly democrats like Janet Reno, Nancy Pelosi
or Hot Pants Hillary

Steele is a wimp. He already apologized to Rush about the incendiary and
ugly" comment. Rush is clearly the leader of the GOP.


Leader? Or has more people whom believe as he does? After all..Rush is
just an entertainer.

Could it be that the Democrats have this problem with Rush because
all they have are cheerleaders going "Rah RAh! Sis boom Bah!" rather
than anything of content?"
-
pyotr filipivich
We will drink no whiskey before its nine.
It's eight fifty eight. Close enough!

On Sun, 15 Mar 2009 23:31:15 -0700, pyotr filipivich
wrote:

snip

Could it be that the Democrats have this problem with Rush because
all they have are cheerleaders going "Rah RAh! Sis boom Bah!" rather
than anything of content?"
-
pyotr filipivich
=============
It appears to go far deeper, and is thus far more dangerous than
this.

Both the Republican and Democratic parties know that the
socio-economic and political environments have drastically
changed over the last generation as they have been the driving
force for much of this change, i.e. NAFTA/GATT/WTO, and a host of
other experiments.

Both major political parties are bankrupt, not so much in the
fiscal sense, as they both have bulging bank accounts, but in the
more ominous sense of ideological bankruptcy, intellectual
bankruptcy, and most important ethical bankruptcy (or a close
relative of ethics called "common sense.")

Both parties have completely lost touch with reality, confusing
spending money and talking with action. As the two major parties
between them control all branches of government, government in
turn now equates spending the taxpayers' money and
talking-talking-talking with action.

In common with individuals exhibiting fanaticism and
disassociation from reality, the parties focus their efforts and
attention on the most minute and trivial points, while ignoring
experence/history, and trivializing the most important decisions,
to the point these are afterthoughts. The most recent example is
the c. 800 billion dollar T.A.R.P. program. The warning example
of its predecessor "The Reconstruction Finance Corporation" was
totally ignored, and all arguments were rhetorical and based on
[obsolete] ideology, not the dull details of accountability,
reporting, and progress measurement.

As would be expected, the problems of the RFC have simply been
repeated on a larger scale, with nothing to show for this huge
expenditure.
http://en.wikipedia.org/wiki/Reconst...ce_Corporation
http://www.heritage.org/Research/Economy/bg317.cfm
http://www.u-s-history.com/pages/h1523.html

If only 25% of the TARP funds [c. 200 billion] had been allocated
to solvent or new banks, think of the businesses that could have
been saved/created. As it is, the credit contraction continues,
as the major national banks were (and remain) insolvent (even as
their books are "reheated"), and are unwilling/unable to make
loans to credit worthy borrowers, even as they roll-over loans to
their zombie clients.


Unka' George [George McDuffee]
-------------------------------------------
He that will not apply new remedies,
must expect new evils:
for Time is the greatest innovator: and
if Time, of course, alter things to the worse,
and wisdom and counsel shall not alter them to the better,
what shall be the end?

Francis Bacon (1561-1626), English philosopher, essayist, statesman.
Essays, "Of Innovations" (1597-1625).

On Mon, 16 Mar 2009 11:10:43 -0600, F. George McDuffee
wrote:
snip
Both parties have completely lost touch with reality, confusing
spending money and talking with action. As the two major parties
between them control all branches of government, government in
turn now equates spending the taxpayers' money and
talking-talking-talking with action.
snip
----------
And this just in on the GM "soap opera." Even when a deadline is
set for a decision, it is ignored.

===========
snip
President Obama faces a deadline of March 31 to decide the fate
of G.M., and by extension its huge network of suppliers. In
interviews, however, {emphasis added} ==administration officials
said they would not be bound by that date,== when Mr. Obama is
scheduled to visit London for a summit meeting on the global
economic crisis.

During the weekend, administration officials said they expected
the team of about two dozen Treasury officials to continue
working in Detroit this week, even while G.M.’s two top
executives traveled to Washington to meet the task force that is
assembling Mr. Obama’s options.

To judge whether G.M.’s reorganization plan is sufficient, the
team has been delving into every aspect of the company’s
management, including its somewhat upbeat estimate of how the car
market will look when the recession ends — a market it projects
at over 15 million cars annually, much higher than Chrysler’s
forecast — as well as its designs for new products and its
financial controls.

snip

But the threat of a bankruptcy filing may be the only way to
force concessions from bondholders, who hold $27 billion of the
company’s unsecured debt. So far, the bondholders have shown
little willingness to negotiate over a G.M. proposal that would
give them a fraction of the face value of the bonds — as little
as 16 cents on the dollar for some bonds in a deal that could
leave them holding what may turn out to be worthless equity in
G.M.

{comment -- have these numb-nuts never heard of CDS derivatives?
It appears that most of the unsecured GM debt held by the large
creditors is "insured" with CDSs written by [wait for it...] AIG.
Thus in bankruptcy the unsecured creditiors will get 100 cents on
the dollar for debt they bought at steep discounts, sometimes for
10-15 cents on the dollar.}

snip
G.M. owes more than $20 billion to the health care trust, which
will assume responsibility for billions of dollars in annual
medical bills for U.A.W. retirees beginning next year. Mr.
Gettelfinger recently reached a deal with the Ford Motor Company
to accept company stock to finance half of Ford’s health care
trust.

But Mr. Gettelfinger has vowed not to make a similar deal with
G.M. unless the company’s bondholders agree to swap their debt
for equity in the company.

The bondholders are being asked to take equity in exchange for
reducing G.M.’s $27 billion in unsecured debt by two-thirds. So
far, a bondholders’ committee has resisted the debt-for-equity
exchange, given G.M.’s depressed stock price and its uncertain
future.

--------------
http://www.nytimes.com/2009/03/16/bu...sqHncLOocRCl8g



Unka' George [George McDuffee]
-------------------------------------------
He that will not apply new remedies,
must expect new evils:
for Time is the greatest innovator: and
if Time, of course, alter things to the worse,
and wisdom and counsel shall not alter them to the better,
what shall be the end?

Francis Bacon (1561-1626), English philosopher, essayist, statesman.
Essays, "Of Innovations" (1597-1625).