Congress' posturing hypocrites full of it

NY Post ^ | April 28, 2010 | Charles Hurt

[Scanian]

WASHINGTON -- Carl "Shi- -y Deal" Levin knows one when he sees one.

And when he finds a shi- -y deal, he likes to repeat "shi- -y deal" again and again and again. Eighteen times, to be exact.

Casual observers may have been startled to hear a United States senator -- complete with silver comb-over and half-glasses perched on the end of his nose -- repeatedly say "shi- -y deal."

Levin was just so excited, he was like a pig in, well, you know.

In fact, Congress peddles shameful "deals" involving amounts of money so obscene, they would make a member of the Goldman Sachs compensation board blush.

Take Fannie Mae, the shameless pusher of reckless housing loans that made Congress feel good by "helping" the poor but led to the financial meltdown and left taxpayers on the hook.

Or, as Levin put it, "an American symbol of financial success and affordable housing."

Now, that's putting lipstick on a pig.

[Scotsman will be Free]

While in the gym locker room I was watching some of that garbage.
Everyone had the same opinion. “We don’t know if GoldmanSachs is crooked or not, but we sure as hell know that you dirty SOBs on the panel sure are.”

[ResistorSister]

For centuries, the political theater, and government propaganda placated the great unwashed-masses; however, the eyes of the working class citizens have been opened.

Sadly, now that the spell is broken, our taskmasters will have to do something desperate in order to once again gain control of the peasants.

[philman_36]

There is a maxim that you try to reduce the amount of taxes you owe as much as you can. So the rich hire lawyers and accountants to find loopholes and arrange trusts and other ways of protecting theirs. The not so rich claim every deduction they think they can legally get away with. The poor and single simply say it's a shitty deal all around and just file a 1040EZ.
So whichever way you play you're usually trying to get the best deal for yourself. So why is anyone surprised at the Wall Street banks for getting the best deals for themselves with the housing loans they were forced to give?
The government knew the banks would hedge their bets because that's what banks do to ensure that no matter what they come out on top. The banks knew they would hedge their bets when they put up no resistance to the legislation enacting them to give potentially faulty loans because there was nothing in the new law telling them they couldn't!
(you can bet your bottom dollar if they couldn't find a way to make a dollar they would've bitched)
The rich and those "in the know" threw tons of money betting against the loans being made because only a fool, or a government flunky, would be stupid enough to believe that the loans would ever be paid back in full.
Everyone, politicians and bankers, knew what was going on and they've all made their money off of it because nothing is against the law and until legislation is put in place to stop the whole game, which is still, and has been, going on since Black Monday they're going to keep on raking in the chips.

So now Congress wants to put on a donkey show to screw the banks and the banks all say "It isn't my fault, you didn't tell me I couldn't!" and the American people look on in a daze while the picker continues working the crowd.

(if I'm too simplistic or astray then someone please correct me)

[ARepublicanForAllReasons]

Little to correct in you post, philman. But I can condense it to this: "The business of government is to stay OUT of business!"

Too big to fail = Corporate socialism (ie. socialism for the corporations, capitalism for the rest of us, with an extremely 'progressive' income tax). Problem is, capitalism only works if it's for everyone, and everyone plays by the same rules.

Here's my correction: You should say 'dog and pony show', as the 'donkey show' is what you used to see in Tiajuana if you slipped the taxi driver $10.

[Dem Guard]

[philman_36]

You should say 'dog and pony show'...

Oh, no! I was stationed in San Diego and know all about the donkey show.
As I said...Congress wants to put on a donkey show to screw the banks...who act as the willing and well paid whore in this Greek tragedy. (cough/spit)

[ARepublicanForAllReasons]

LOL!

I can envision Barney fRank in a Donkey suit... [censored]

[philman_36]

I can envision Barney fRank in a Donkey suit...
Braying all the while, "Haw, haw, haw!"

[ARepublicanForAllReasons]

Nice homepage. I copped some of your cartoons!

BTW, where do I go to learn how to post pics and graphics to my home page. I want to put pics of my heroes and heroines from history up there. Tx to you and any who can steer me in the right direction.

[philman_36]

Always a good place to start...
HTML Sandbox has good info and several links for further self education.
Basic HTML: Images