Re: OT: McCain's Running Mate communism and - heavens - an ISSUE! - Hewlett Packard

This is a discussion on Re: OT: McCain's Running Mate communism and - heavens - an ISSUE! - Hewlett Packard ; How bizarre, then, that the communist government of the USA is nationalising banks. Supported by both communist presidential candidates. Here's what Izvestia, aka the NY Times thinks - Over the years, Fannie Mae and Freddie Mac showered riches on many ...

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Thread: Re: OT: McCain's Running Mate communism and - heavens - an ISSUE!

  1. Re: OT: McCain's Running Mate communism and - heavens - an ISSUE!

    How bizarre, then, that the communist government of the USA is nationalising banks. Supported by
    both communist presidential candidates.

    Here's what Izvestia, aka the NY Times thinks -

    Over the years, Fannie Mae and Freddie Mac showered riches on many winners: their executives, Wall Street bankers and Washington lobbyists. Now the foundering mortgage giants are leaving some losers in their wake, notably their shareholders, rank-and-file employees and, in the worst case, Americantaxpayers.

    What can you expect but class-warfare and proletarian bile from the workers' collective that runs the grimy NYT though?


    Here's what Jim McTague thinks -

    THE 2008 REPUBLICAN PLATFORM RELEASED at the party convention in St. Paul last week is a grandiloquent document, replete with Reaganesque calls for lower taxes, smaller government, and greater self-reliance. An honest librarian would file it in the fiction section.

    I'm not a naÔf. I appreciate that searching for candor among politicians is about as productive as shopping for a Rolex at the corner drugstore. Allpoliticians make promises that they never intend to keep. You generally can wrest a straighter answer from 16-year-old teenager intent on deceiving you than you can from a campaigning politician.

    Even so, this GOP document is so divorced from reality that it approaches parody. The authors should have penned the document in cuneiform, because itdescribes an ancient GOP, not the party of today.

    One of the platform's most monumental political principles is daily being trampled upon by the Bush administration, with the acquiescence of most GOP members of Congress. This is contained in a section devoted to the housing crisis that declares, "We do not support government bailouts of private institutions. Government interference in the markets exacerbates problems in the marketplace and causes the free market to take longer to correct itself.We believe in the free market as the best tool to sustained prosperity andopportunity for all..."

    Democrats are depicted as the party of big, intrusive government, willing to "ignore fiscal problems while squandering billions on ineffective programs." The GOP, however, has no moral legs to stand on when it hurls such insults.

    The Bush administration has bailed out Wall Street, and stands ready to bail out mortgage giants Fannie Mae and Freddie Mac -- in the process abettinga slide into more intrusive government. If we are headed down the road to socialism, then the GOP can be credited with setting the pavers.


    -----Original Message-----
    From: HP-3000 Systems Discussion [mailto:HP3000-L@RAVEN.UTC.EDU] On Behalf Of Denys Beauchemin
    Sent: 07 September 2008 03:20
    To: HP3000-L@RAVEN.UTC.EDU
    Subject: Re: [HP3000-L] OT: McCain's Running Mate


    Mike, your message underlines your tenuous grasp of history and world affairs.

    Pravda was the official mouthpiece of the left, the Soviets, the communists; for all intents and purposes your fellow travelers.


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  2. OT: McCain's Running Mate communism and - heavens - an ISSUE!

    Yeah, Iíve been totally against that. Itís just another delayed present
    from the Clinton era; the one that keeps on giving, trouble.



    Iíve had many discussions with various folks in financial circles about
    this, some even outside this country and it seems, itís one of those manure
    sandwiches that has to be consumed; the consequences of not doing this are
    in a word, massive. The government should never have gotten in to the home
    mortgage business nor should it have relaxed (read eliminated) rules and
    oversight of these organizations in the late 1990ís, but there we are.
    (Sigh.) The problem with government is that when it launches a new program,
    this program only grows and becomes more expensive. I would love to see
    some programs eliminated or at least reduced. But in this respect both
    Democrats and Republicans are guilty, the difference being that Republicans
    are punished by their voters when they do this, whereas the Democrats are
    rewarded by their voters.



    Denys...

    From: Heasman, David [mailtoavid.Heasman@schroders.com]
    Sent: Monday, September 08, 2008 4:53 AM
    To: Denys Beauchemin; HP3000-L@RAVEN.UTC.EDU
    Subject: RE: [HP3000-L] OT: McCain's Running Mate communism and - heavens -
    an ISSUE!



    How bizarre, then, that the communist government of the USA is
    nationalising banks. Supported by
    both communist presidential candidates.

    Here's what Izvestia, aka the NY Times thinks -

    Over the years, Fannie Mae and Freddie Mac showered riches on many
    winners: their executives, Wall Street bankers and Washington lobbyists. Now
    the foundering mortgage giants are leaving some losers in their wake,
    notably their shareholders, rank-and-file employees and, in the worst case,
    American taxpayers.

    What can you expect but class-warfare and proletarian bile from the
    workers' collective that runs the grimy NYT though?


    Here's what Jim McTague thinks -

    THE 2008 REPUBLICAN PLATFORM RELEASED at the party convention in St. Paul
    last week is a grandiloquent document, replete with Reaganesque calls for
    lower taxes, smaller government, and greater self-reliance. An honest
    librarian would file it in the fiction section.

    I'm not a naÔf. I appreciate that searching for candor among politicians is
    about as productive as shopping for a Rolex at the corner drugstore. All
    politicians make promises that they never intend to keep. You generally can
    wrest a straighter answer from 16-year-old teenager intent on deceiving you
    than you can from a campaigning politician.

    Even so, this GOP document is so divorced from reality that it approaches
    parody. The authors should have penned the document in cuneiform, because it
    describes an ancient GOP, not the party of today.

    One of the platform's most monumental political principles is daily being
    trampled upon by the Bush administration, with the acquiescence of most GOP
    members of Congress. This is contained in a section devoted to the housing
    crisis that declares, "We do not support government bailouts of private
    institutions. Government interference in the markets exacerbates problems in
    the marketplace and causes the free market to take longer to correct itself.
    We believe in the free market as the best tool to sustained prosperity and
    opportunity for all..."

    Democrats are depicted as the party of big, intrusive government, willing to
    "ignore fiscal problems while squandering billions on ineffective programs."
    The GOP, however, has no moral legs to stand on when it hurls such insults.

    The Bush administration has bailed out Wall Street, and stands ready to bail
    out mortgage giants Fannie Mae and Freddie Mac -- in the process abetting a
    slide into more intrusive government. If we are headed down the road to
    socialism, then the GOP can be credited with setting the pavers.





    * To join/leave the list, search archives, change list settings, *
    * etc., please visit http://raven.utc.edu/archives/hp3000-l.html *


  3. Re: McCain's Running Mate communism and - heavens - an ISSUE!

    Naughty naughty government; FM & FM were spending $100 million p.a. on
    lobbyists. At least that will be saved now.

    But they should have gotten in to the business in the 1930s; once again
    the costs of not doing so were unthinkable, and, as Churchill said,
    after trying everything else, Roosevelt did the right thing.


    -----Original Message-----
    From: Denys Beauchemin [mailto:denysb@comcast.net]
    Sent: 08 September 2008 14:23
    To: Heasman, David; HP3000-L@RAVEN.UTC.EDU
    Subject: OT: McCain's Running Mate communism and - heavens - an
    ISSUE!



    ...The government should never have gotten in to the home
    mortgage business nor should it have relaxed (read eliminated) rules and
    oversight of these organizations in the late 1990's, but there we are.
    (Sigh.)...





    __________________________________________________ ________________


    Visit Schroders Talking Point for market news and expert views http://www.schroders.com/talkingpoint

    This message might contain confidential information. If it has been sent toyou in error please do not forward it or copy it or act upon its contents,but report it to postmaster@schroders.com

    Schroders has the right lawfully to record, monitor and inspect messages between its employees and any third party. Your messages shall be subject to such lawful supervision as Schroders deems to be necessary in order to protect its information, its interests and its reputation.

    Schroders prohibits and takes steps to prevent its information systems frombeing used to view, store or forward offensive or discriminatory material.If this message contains such material please report it to abuse@schroders..com

    Schroders does not normally accept or offer business instructions via emailunless prior agreements are in place. Any action that you might take upon this message might be at your own risk.


    Schroder Investment Management Limited
    31 Gresham Street
    London EC2V 7QA

    Authorised and regulated by the Financial Services Authority. Schroder Investment Management Limited is entered on the FSA register under the following register number: 119348

    Registered Office
    31 Gresham Street
    London EC2V 7QA

    Registered number 1893220
    VAT registration number 243 8687 30

    * To join/leave the list, search archives, change list settings, *
    * etc., please visit http://raven.utc.edu/archives/hp3000-l.html *


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