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Sound Bites of the 1908 Presidential Candidates

roncosmos writes "Science News has up a feature on the first use of sound recording in a presidential campaign. In 1908, for the first time, presidential candidates recorded their voices on wax cylinders. Their voices could be brought into the home for 35 cents, equivalent to about $8 now. In that pre-radio era, this was the only way, short of hearing a speech at a whistle stop, that you could hear the candidates. The story includes audio recordings from the 1908 candidates, William Jennings Bryan and William Howard Taft. Bryan's speech, on bank failures, seems sadly prescient now. Taft's, on the progress of the Negro, sounds condescending to modern ears but was progressive at the time. There are great images from the campaign; lots of fun."

410 comments

  1. Sounds condescending to modern ears by Anonymous Coward · · Score: 4, Insightful

    sounds condescending to modern ears but was progressive at the time

    As opposed to the non-condescending progressives of today.

    1. Re:Sounds condescending to modern ears by spun · · Score: 0, Flamebait

      Care to share some examples of condescending progressives? I always thought the neo-cons were the most condescending. They only talk in sound bites, about pre-approved talking points. It is as if they think the American public are too stupid to understand real discussion about real issues.

      --
      - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
    2. Re:Sounds condescending to modern ears by afabbro · · Score: 2, Insightful

      Condescending progressives? Is there any other kind? If you'd like something topical, though, how about this gem from Senator Diane Feinstein explaining that while 93% of those contacting her office oppose the $700B bailout, she's voting for it because they just "don't understand it".

      --
      Advice: on VPS providers
    3. Re:Sounds condescending to modern ears by moderatorrater · · Score: 2, Insightful

      How can you forget Obama's famous quote about people clinging to guns and xenophobia out of bitterness over lost jobs? What about the post on Slashdot that Palin should stop using the word "betcha"? Have you seen the furor over Palin's belief in creationism? What about people who oppose all religion? All of these things show that they think they know better than the people that they're talking about.

      People think that conservatives are anti-intellectual, which isn't necessarily the case. It's that they're anti-elitism. The school district where I grew up put in a math program that was utterly and completely worthless. Math scores tanked, parents complained, and it was hard to believe that even 30% of the parents supported the new math program. However, the district stuck to their guns because some college professors thought it was the best thing in the world. Everyone who had children in the math program knew it was absolute shit, but some people with doctorates who'd never used it in the real world thought they knew better. That's not anti-intellectual, that's justified anger.

      When it comes down to it, there are people in this country and in the world who think that if you hold a certain belief, you are instantly a moron and someone who isn't to be given respect. That's the very definition of condescension, and you can see it every day in Richard Dawkins, Slashdot, or almost any tech site.

    4. Re:Sounds condescending to modern ears by Anonymous Coward · · Score: 0

      Moron.

      *ducks*

    5. Re:Sounds condescending to modern ears by Poppa · · Score: 0, Flamebait

      Ask Biden about his IQ!

    6. Re:Sounds condescending to modern ears by spun · · Score: 2, Insightful

      DiFi is NOT a progressive, she's an (R) in (D) clothing, like Lieberman.

      --
      - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
    7. Re:Sounds condescending to modern ears by Neeperando · · Score: 5, Insightful
      The examples you quote are good ones (and I won't try to defend Obama's comments), but there are just as many cases where this idea of "anti-elitism" is misused.

      It's come to a point where simply being elite is considered elitism. John Kerry was considered out of touch with the common man because he liked wind surfing and went to Yale.

      How many times during the last few years have you heard people say something along the lines of "Just because you're a respected (climatologist | biologist | economist | theologian | lawyer | diplomat) doesn't mean you know more than me (global warming | evolution | economics | religion | law | foreign affairs) than I do"?

      I don't approve of intellectuals being condescending, but it's just as bad when people dismiss an idea as "elitism" simply because they disagree with it and it came from someone with a PhD.

      --
      Being a computer scientist means you tell people how computers should work, not that you know how they actually work.
    8. Re:Sounds condescending to modern ears by spun · · Score: 1

      Not sure what you mean by this, but it seems as though you desire people of no more than average intelligence to be our leaders. Shouldn't leaders be exceptional?

      --
      - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
    9. Re:Sounds condescending to modern ears by bigstrat2003 · · Score: 1

      Well said. The need to look down on others is like a cancer, and needs to stop. Yes, I'm guilty of it too at times, we all are... but it damn well needs to be called out.

      --
      "16MB (fuck off, MiB fascists)" - The Mighty Buzzard
    10. Re:Sounds condescending to modern ears by Anonymous Coward · · Score: 0

      Oh you are full of it. The Republicans come in three forms, business elite, middle American, or a hybrid of both. If republicans aren't elite why are they all millionaires or have nice cushy "contractor" jobs waiting for them, and I don't mean construction. Republicans appeal to their base, they try to identify with the blue collar budweiser drinker from a small town while passing legislation making those "elite scumbags" richer.

      Also do you consider it very intellectual to try to impose your beliefs on someone through the use of law that has no scientific basis? Yes I am referring to religion. Evolution is a scientific story while creationism as literature. Repeat Creationism is literature. You may argue the origin of species is literature too but there are people who go out and try to strengthen (or disprove) the theory and have evidence to show for it. Creationism has no more evidence supporting it than a Dan Brown book.

      Now let me go through your points about how the big bad (no argument there) Democrats say:

      What about the post on Slashdot that Palin should stop using the word "betcha"?

      Give me a break, I don't care what your colloquial speak is, when you are trying to get elected to a job where you will be representing all Americans, you better curb your idiosyncratic speech and speak professionally. Palin isn't running for bartender here. Just like I would assume that ebonics or a strong Long Island New Yorker accent wouldn't be well received.

      What about people who oppose all religion?

      It is everyone's right to accept or reject any religion they want. My problem is people who have strong religious convictions trying to impose stupid legislation that is eerily similar to their faith. I agree that some Atheists are douchebags and are puritans about there being no God. How many Christians oppose all OTHER religions. Remember the whole thing with most of Christianity is that you can only get salvation through Jesus Christ (i.e through their way).

      All of these things show that they think they know better than the people that they're talking about.

      It's funny how republicans try to push an image that they and middle Americans are better than everyone else so cry me a river about that. How many times have we all heard of politicians or "simple folk" talk about how much better Americans are than the rest of the world, or how much better people in Topeka than in New York City. Give me a break with your tired persecution.

      The Democrats are elitist assholes and their whole platform basically says:

      #1) The American people are dumb and stupid
      #2) We will remedy #1 by removing influences from them such as most of their hard earned money
      #3) We will pass laws legislating behavior and give the Government more oversight into people's personal choices
      #4) We will coddle large industry while discouraging small businesses with taxes and punitive measures.
      #5) We will use public education to create a class of consumers rather than smart independent productive members of society.
      #6) We will turn science into a fact machine rather than a set of principles that can be challenged with other science

    11. Re:Sounds condescending to modern ears by mcgrew · · Score: 5, Insightful

      Today's conservatives conserve the values of yesterday's revolutionaries. Today's progressives fight for what tomorrow's conservatives will fight to conserve.

    12. Re:Sounds condescending to modern ears by Anonymous Coward · · Score: 1, Informative

      Actually you're falling for the Republican machine there. Obama said people were bitter about WASHINGTON and clung to guns/religion because they thought NOBODY in Washington cared for them/knew who they were.

      Thus they vote Republican for shit like gun control, Bush owns a ranch, Palin shoots moose, Pro-Life, etc....

      He was explaining why they would do that rather than vote for the party that wants to help them economically.

    13. Re:Sounds condescending to modern ears by tsa · · Score: 1

      The problem is that it is a very human characteristic, almost like instinct. That's hard to eradicate.

      --

      -- Cheers!

    14. Re:Sounds condescending to modern ears by bwhaley · · Score: 1

      Yes, perhaps a bit similar to how a certain vice president "tolerates" those with alternative lifestyles? The same way we might "tolerate" a heckler in an audience, or an annoying laugh?

      --
      "I either want less corruption, or more chance
      to participate in it." -- Ashleigh Brilliant
    15. Re:Sounds condescending to modern ears by retchdog · · Score: 2, Insightful

      Bullshit, William Buckley was an elitist motherfucker and he deserved to be in a few respects, even though he was really just a "personality" more than a real player. Do you think Paul Wolfowitz and Henry Kissinger aren't elitist? Why don't you call one of them up and ask if next time you're in Washington or around Harvard, maybe you could pick up a beer and chat about politics, maybe you could even offer, as an equal, some of your insights into military and economic strategies. (Here's a hint though, if you get your meeting with them: don't actually try to discuss creationism with them. It would be quite a gaffe.)

      Conservatives are not "anti-elitist" in any sense, except to the extent that it's an effective line for selling their agenda to the masses.

      In short, you're not a moron for being an elitist or anti-elitist. You're a moron for actually believing that conservatives are anti-elitist.

      New math was a disaster, but pinning it all on the liberals is a little bit circular reasoning which requires already your identification of elitist/anti-elitist on party lines.

      --
      "They were pure niggers." – Noam Chomsky
    16. Re:Sounds condescending to modern ears by badasscat · · Score: 4, Insightful

      Have you seen the furor over Palin's belief in creationism? What about people who oppose all religion? All of these things show that they think they know better than the people that they're talking about.

      People think that conservatives are anti-intellectual, which isn't necessarily the case. It's that they're anti-elitism.

      If you believe in creationism, then yes, you are anti-intellectual by definition. There is no reason guiding a belief in creationism; only faith.

      And "elite" means "above average" or "excellent". If you're anti-elite, then you're pro-mediocrity, and that's certainly not a quality I look for in a leader. But it is a belief that got us George Bush.

      I'm pro-elite and proud of it. We should be demanding more from our leaders, not less. If I want somebody I can drink a beer with, I'll call up a friend. That's not what I'm expecting from a President (or Vice President, for that matter).

      When it comes down to it, there are people in this country and in the world who think that if you hold a certain belief, you are instantly a moron and someone who isn't to be given respect.

      When your beliefs have been disproven by science many, many times in many, many ways, and those scientific results have been published in very public ways over a period of a century or more, then they're probably right to think that.

      Do you also believe the world is flat? And should I not think you a moron for that belief?

    17. Re:Sounds condescending to modern ears by Anonymous Coward · · Score: 1, Insightful

      Of course if you hold certain beliefs you are a moron.

      For example, if you believe in creationism, you ARE a moron. If you believe Sarah Palin is qualified to be president, you ARE a moron.

      That's not condescension, its facts.

    18. Re:Sounds condescending to modern ears by SiriusRegalis · · Score: 2, Insightful

      I find it funny that both sides of the political spectrum make the same accusations about each other.

      Being really into party politics in America is like being a Chicago Baseball fan.

      (For those unfamiliar with Chicago Baseball, the city has both a American & National league team, I think that by law you have to like one and despise the other, there is no reason to any discussion about who is better, just devotion to one and revilement of the other)

    19. Re:Sounds condescending to modern ears by Korey+Kaczor · · Score: 1

      Yes, people cling to guns because they lost their jobs. Great logic.

    20. Re:Sounds condescending to modern ears by Kagura · · Score: 3, Funny

      ... Pro-Life, etc....

      I think pro-life is about as indefensible of a position as anyone can come up with. I'm anti-life. Kill 'em all, I say! ;)

    21. Re:Sounds condescending to modern ears by pablodiazgutierrez · · Score: 1, Funny

      Personal anecdote. Yesterday, the only person I know who supports Bush said that a Ph.D. should be required to run for president. Again, this guy supports Bush. And then he added that it should also be required in order to vote. Everybody in the room politely ignored him and moved on with the meeting, but this made for some fun gossip.

    22. Re:Sounds condescending to modern ears by pablodiazgutierrez · · Score: 1

      Funny that common sense is now labeled as flamebait...

    23. Re:Sounds condescending to modern ears by rrohbeck · · Score: 1

      Stop calling it pro-life. You kill more life by blowing your nose than aborting an early embryo.
      It's anti-choice. Or pro-theism maybe.

    24. Re:Sounds condescending to modern ears by The+Spoonman · · Score: 1

      I'm sorry, you must've typoed there. You gave a list of six talking points, but attributed those very Republican values to the Democrats. Could you explain?

      --
      Which is more painful? Going to work or gouging your eye out with a spoon? Find out!
      http://www.workorspoon.com
    25. Re:Sounds condescending to modern ears by operagost · · Score: 1

      Stop calling it pro-life. You kill more life by blowing your nose than aborting an early embryo.

      Say that to a woman who just miscarried and see how it goes over. I don't recommend saying it in front of her husband; you might get hurt.

      --

      Gamingmuseum.com: Give your 3D accelerator a rest.
    26. Re:Sounds condescending to modern ears by TheLostSamurai · · Score: 3, Insightful

      Well, as some guy (probably an elitist son of a bitch) once said, "Common sense is not all that common."

      --
      I am Jack's complete lack of surprise.
    27. Re:Sounds condescending to modern ears by operagost · · Score: 1

      Well, that's because the designated hitter is an abomination and only the worst kind of scum like it.

      --

      Gamingmuseum.com: Give your 3D accelerator a rest.
    28. Re:Sounds condescending to modern ears by wizardforce · · Score: 1

      stop confusing pro-theism with pro-life or as you put it "anti-choice." not everyone who is pro-life is religious in any way...

      --
      Sigs are too short to say anything truly profound so read the above post instead.
    29. Re:Sounds condescending to modern ears by Anonymous Coward · · Score: 1, Insightful

      All of these things show that they think they know better than the people that they're talking about.

      Thinking that you're right and someone else is wrong isn't condescension.

      Strictly speaking, condescension is more about actions than thoughts but, leaving that aside, condescension is about treating someone as inferior.

      How can you forget Obama's famous quote about people clinging to guns and xenophobia out of bitterness over lost jobs?

      I'm not seeing that Obama views such people as inferior; only that Obama views such people as wrong.

      Essentially, what Obama was saying is that he was showing up at town-hall meetings wanting to talk about economic policies that could help them get jobs but all they wanted to talk about guns and intolerance. In Obama's view, it wasn't lack of guns or too much tolerance that had caused them to lose their jobs.

      Have you seen the furor over Palin's belief in creationism?

      The concern is that if gets power she will use that power to try to force creationism to be taught in biology classes. Teaching creationism in biology class is totally unworkable because evolution is the foundation of biology. The concern is not that she is inferior (although she might not be superior enough to be the best possible choice for president), the concern is that she might try to force an entirely unworkable policy on US schools.

      In both cases, the issue is not inferiority, the issue is wrongness.

    30. Re:Sounds condescending to modern ears by JackieBrown · · Score: 1

      Sure.

      And call pro-choice anti-life

    31. Re:Sounds condescending to modern ears by jcnnghm · · Score: 1

      Uhh, no. There are plenty of social programs that have been implemented going back to the 1930's that have failed/are in the process of failing (e.g social security, Medicare, affordable housing) that are opposed by conservatives. Today's progressives fight for what tomorrow's taxpayers will have to pay to fix.

      --
      You don't make the poor richer by making the rich poorer. - Winston Churchill
    32. Re:Sounds condescending to modern ears by Kagura · · Score: 1

      But that makes our position sound bad! ;)

    33. Re:Sounds condescending to modern ears by Trespass · · Score: 2, Funny

      Care to share some examples of condescending progressives? I always thought the neo-cons were the most condescending. They only talk in sound bites, about pre-approved talking points. It is as if they think the American public are too stupid to understand real discussion about real issues.

      What a superb example.

    34. Re:Sounds condescending to modern ears by Anonymous Coward · · Score: 0

      Hey, sometimes the truth hurts. And the husband can try to hurt me if he wants, but I wouldn't recommend it ;)

    35. Re:Sounds condescending to modern ears by Copperfield · · Score: 1

      "If you believe in creationism, then yes, you are anti-intellectual by definition. There is no reason guiding a belief in creationism; only faith." Who knew that the majority of philosophers in the history of the world were "anti-intellectual." Perhaps by your narrow definition intellectual = science. There are many other fields of study with many people who like to think outside the box from time to time.

    36. Re:Sounds condescending to modern ears by spun · · Score: 1

      How so? Because I say that neo-cons talk down to America and assume we are too dumb to understand real issues? That is calling a small and power hungry minority on being condescending, seems an obvious difference to me. Mainstream America isn't stupid, as the neo-cons will find out come the election.

      --
      - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
    37. Re:Sounds condescending to modern ears by rohan972 · · Score: 1

      It's anti-choice.

      Nonsense. To be anti-abortion is simply to require that the choice whether to be pregnant or not take place before the pregnancy.To claim that people have an inherent right to act without thinking and have no consequences to that defies reality. It's a pro-stupid stance, not pro-choice.

      Disclaimer: this post should not be taken to reflect my views on abortions in the case of rape, incest, risk of life to the woman or any other circumstance than abortion on demand.

    38. Re:Sounds condescending to modern ears by slimjim8094 · · Score: 1

      Social Security is just about the worst example you could have come up with. Social Security in the 1940s had something like nine times more money than they needed, and we still would if people (dems and reps) hadn't dipped into it because there was so much unused money.

      Don't criticize the program for having a bunch of fuckwads dip into it, steal all the money, and pretend it didn't happen.

      --
      I have developed a truly marvelous proof of this comment, which this signature is too narrow to contain.
    39. Re:Sounds condescending to modern ears by jcnnghm · · Score: 1

      Raiding the fund definitely has something to do with it, as does multi-billion dollar feature creep and an unsustainable pyramid scheme structure.

      --
      You don't make the poor richer by making the rich poorer. - Winston Churchill
    40. Re:Sounds condescending to modern ears by Anonymous Coward · · Score: 0

      To claim that people have an inherent right to act without thinking and have no consequences to that defies reality.

      That's not what pro-choicers claim, and you know it. Straw man arguments are lies.

    41. Re:Sounds condescending to modern ears by Anonymous Coward · · Score: 0

      How about Biden admonishing me to 'look' before every point he made in the debate....as if I'm too ignorant to realize that he about to say something topical.

    42. Re:Sounds condescending to modern ears by Poppa · · Score: 1

      Of course, that's why we need a Liberal. Everyone knows they have the superior intellect.

      Joe Biden will tell you so.

      http://www.youtube.com/watch?v=FyEqyYUGk4I

    43. Re:Sounds condescending to modern ears by readin · · Score: 1

      Today's conservatives conserve the values of yesterday's revolutionaries. Today's progressives fight for what tomorrow's conservatives will fight to conserve.

      You mean like the communism movement that was so popular amoung revolutionaries in the 1920s and 1930s? The eugenics programs that were similarly popular?
      Some of the progress of revolutionaries does eventually become protected by conservatives. But an awful lot (and I do mean "awful") fails to ever come to pass because the conservatives stop it from happening.
      Fascism was considered "revolutionary" and "progressive" for a season too.

      --
      I often don't like the choices people make, but I like the fact that people make choices. That's why I'm a conservative.
    44. Re:Sounds condescending to modern ears by rohan972 · · Score: 1

      To claim that people have an inherent right to act without thinking and have no consequences to that defies reality.

      That's not what pro-choicers claim, and you know it. Straw man arguments are lies.

      Actually, that is exactly what many pro-choicers claim, and you know it. You are the liar. Anyone who claims the unrestricted right to abortion is claiming that you have a right to engage in activity that you know is likely to result in pregnancy and still have an abortion, negating the natural consequences of that activity.

      "Surprise pregnancy" is like the concept of "surprise drunkeness". There is in each case an activity that ought to tip you off as to what the likely outcome is. Excepting extraordinary circumstances or being erroneously told you are infertile, for a rational person to have a surprise pregnancy is impossible, it is predominantly the domain of the stupid.

    45. Re:Sounds condescending to modern ears by Anonymous Coward · · Score: 0

      Actually, that is exactly what many pro-choicers claim, and you know it. You are the liar. Anyone who claims the unrestricted right to abortion is claiming that you have a right to engage in activity that you know is likely to result in pregnancy and still have an abortion, negating the natural consequences of that activity.

      That, again, is a lie. The pro-choice position is that a person's body is their own to do with as they see fit. That does NOT translate to "you can do anything you want with no consequences ever", nor does it logically flow from anything pro-choicers DO say.

      You are in every way 100% identical to the pro-choicers who claim that pro-lifers all hate women and want to dictate every aspect of their private lives. Like them, you invent ludicrous positions out of thin air and attack them because you're afraid to do the thinking necessary to rebut their REAL position. They are you, and you are them. Filthy craven liars, all of you.

    46. Re:Sounds condescending to modern ears by Darby · · Score: 1

      Anyone who claims the unrestricted right to abortion is claiming that you have a right to engage in activity that you know is likely to result in pregnancy and still have an abortion, negating the natural consequences of that activity.

      Unless you live naked in a cave eating raw whatever you can pick up off of the ground, you have no point at all.

      All of human history is the story of us finding ways to negate the natural consequences of actions. Please pull your head out of your ass and learn to think.

    47. Re:Sounds condescending to modern ears by Darby · · Score: 1

      In both cases, the issue is not inferiority, the issue is wrongness.

      A militant death grip on ignorance and gross wrongness makes a person inferior to one who isn't afraid to think and learn.
      It's not being wrong that is the problem, it's the repeated pushing for such wrongness in the face of all the evidence in the interest of duping people into fucking themselves and their future for your short term gain, and the cowardly refusal to *admit* you're wrong and move on.

    48. Re:Sounds condescending to modern ears by rohan972 · · Score: 1
      Actually I do still have a point which remains: that pro-life doesn't mean anti-choice as claimed, women still have choice even if they don't have access to abortion. That is not an anti-abortion argument, it's a "anti-incorrect labelling of people who disagree" argument.

      All of human history is the story of us finding ways to negate the natural consequences of actions.

      No, it is the story of us taking actions so we can have the consequences of those actions. When you perform actions that are in direct conflict with your desired results you will be fighting a losing battle. We have this thing called "causality" you see. It's worth your while finding out about it, being a fundamental of science and all.

      Please pull your head out of your ass and learn to think.

      For someone who thinks that human history is the story of negating causality rather than discovering and implementing it, you might consider learning to think yourself. Perhaps learning reading comprehension while you're at it.

    49. Re:Sounds condescending to modern ears by Darby · · Score: 1


      Actually I do still have a point which remains: that pro-life doesn't mean anti-choice as claimed, women still have choice even if they don't have access to abortion. That is not an anti-abortion argument, it's a "anti-incorrect labelling of people who disagree" argument.

      Nonsense.
      They are anti-choice. They do not want to allow women to make *their own* choices about what goes on inside their own bodies. They're willing to provide a subset of choices which they will permit those poor dumb girls who are too stupid to know what the correct choices they may make are, which they can choose from, but that's not at all the same thing. It's deeply dishonest of you to claim that they are the same thing.
      The label is precise and absolutely correct. Your religious delusions have no bearing on that.

      For someone who thinks that human history is the story of negating causality rather than discovering and implementing it, you might consider learning to think yourself. Perhaps learning reading comprehension while you're at it.

      Cold weather is a cause. Dying of exposure is an undesired natural effect. Warm clothing and shelter is a human invention to mitigate or eliminate that undesirable natural effect.
      Obviously your reading comprehension skills are the problem, not mine.

    50. Re:Sounds condescending to modern ears by DavidShor · · Score: 1
      Frankly, I don't see how that is intellectually consistent.

      If you believe abortion is murder, then abortion is murder. No matter what the case with rape or incest. It should never be allowed, except possibly in cases where the mom is killed.

      If you don't believe abortion is murder, than what exactly is wrong with abortion on demand? To me, since I don't believe that embryos are sentient beings with rights, abortion is on roughly the same moral level as breast implants or skin grafts.

    51. Re:Sounds condescending to modern ears by rrohbeck · · Score: 1

      If she miscarried an early embryo she might not even know it. The chances of a human embryo not making it are around 60%. That's why it generally takes some time to get pregnant even when you're trying to.

    52. Re:Sounds condescending to modern ears by rrohbeck · · Score: 1

      Sorry I don't understand this argument.

      "Pro-life"=="anti-choice"=="opposed to abortion at any stage."

      The only reason to attach a special status to a fertilized egg or a clump of a couple hundred or thousand cells is religious belief.

    53. Re:Sounds condescending to modern ears by rrohbeck · · Score: 1

      Yes. If that life bothers me and doesn't deserve legal protection (like a later or even viable fetus) then it's OK to get rid of it. Like other growths. It only has the *potential* to become a baby. Like almost any cells in your body as we know since Dolly the sheep.

    54. Re:Sounds condescending to modern ears by rrohbeck · · Score: 1

      What do you say in cases where contraception failed, or when teens didn't know about or didn't have access to contraceptives in those cases where the oh-so-well-meaning parents and schools failed to give it to them?

    55. Re:Sounds condescending to modern ears by rrohbeck · · Score: 1

      Yes you have a right to engage in sex. If you're against abortion (as I am, but I also assert that it's the woman's decision and nobody else's, at least in the first trimester) then you have to give everybody, including teens, affordable access to contraceptives. As long as that's not the case, your position is untenable.

    56. Re:Sounds condescending to modern ears by rrohbeck · · Score: 1

      Amen. Abortion is murder if and only if you claim that the embryo/fetus is a human being with rights independent of and superseding the right of the mother. That applies when the fetus is viable and not a danger to the mother, because then it is clearly a human being (somewhat) independent of the mother. In the early stage of pregnancy this is clearly not the case, hence it's a part of the woman's body and underlies her discretion. Applying human rights to a clump of 100 cells is simply ridiculous unless you're a religious zealot (and even then it is, but that's a different issue.)

    57. Re:Sounds condescending to modern ears by rohan972 · · Score: 1

      All of human history is the story of us finding ways to negate the natural consequences of actions.

      Cold weather is a cause.

      I had no idea that cold weather was a human action we are trying to negate the consequences of. I stand corrected swami.

      Ok, so we'll call pro-life anti-choice and pro-choice baby-killers. Adds nothing to the debate, but who cares. Anti-abortion is not anti-choice, it is not against the act of making a choice itself, it is against that one particular act of having an abortion. I've never seen any pro-life material that claims we should all live our lives completely under compulsion because having a choice is bad. It isn't about choice, it's about abortion. People who want abortions do want an additional choice, so pro-choice is a reasonable label, but anti-choice is not accurate at all. All law restricts choice to some degree, but it would hardly be argued that laws against theft are "anti-choice" because you only have a "subset of choices" on how to acquire goods.

      Your religious delusions have no bearing on that.

      Since in this thread nobody up till now had mentioned anything about religion, it's hard to see what point you're making here. Oh I see, it's flamebait. I guess it is smart of you to try and distract from the lack of substance in your argument, kudos.

    58. Re:Sounds condescending to modern ears by Darby · · Score: 1


      Ok, so we'll call pro-life anti-choice and pro-choice baby-killers.

      No, that's stupid. pro-life is a lie, they're pro fetus rights over human rights and anti-choice. Those are facts.
      Nobody is talking about killing babies and you look like a fool when you pretend that's even relevant.

      Anti-abortion is not anti-choice, it is not against the act of making a choice itself, it is against that one particular act of having an abortion.

      Sure it's against allowing people to make a choice about what goes on inside their own bodies.

      I've never seen any pro-life material that claims we should all live our lives completely under compulsion because having a choice is bad. It isn't about choice, it's about abortion.

      Semantics and meaningless. They want to restrict people's *choices* about what goes on inside their own bodies and it's hard to imagine a more invasive power to give to big government at the expense of individual liberty.

      People who want abortions do want an additional choice, so pro-choice is a reasonable label, but anti-choice is not accurate at all.

      No, there is no additional choice, that's again a deeply dishonest way to attempt to mislead.
      They do not want religious loons restricting their choices. Nothing gives those loons the right to crawl up inside another person's uterus. If they want to live in a theocracy, they can move to Iran. That's the system they think they want, let them go find out what sane people have known for centuries.

      Since in this thread nobody up till now had mentioned anything about religion, it's hard to see what point you're making here. Oh I see, it's flamebait. I guess it is smart of you to try and distract from the lack of substance in your argument, kudos.

      Nor flamebait, fact. The anti-choice movement is a religious one. Yes, there are some deluded fools who aren't religious who also want extremist invasive government policies too, but that doesn't change the fact that it's a religious movement.

    59. Re:Sounds condescending to modern ears by rohan972 · · Score: 1

      pro-life is a lie, they're pro fetus rights over human rights and anti-choice.

      Your assertion requires the presupposition that a unborn child is not a human. This is neither biologically correct nor historically supported. The term "with child" has long been used to describe pregnancy, it is not lying to call a fetus a child even if some people disagree.

      Those are facts.

      No, that's propaganda. If you redefine terms to suit your political agenda, it doesn't make your opposition liars. Whether a fetus is going to have human rights is a legal issue, but it is entirely within the normal use of the language to refer to a human fetus as a child or baby.

      Nobody is talking about killing babies and you look like a fool when you pretend that's even relevant.

      I didn't say it was relevant, I compared it to using the term anti-choice, which I am arguing against. Your reading comprehension problem is popping up again I see. Nevertheless, while I can see some reasoning behind the idea that a fetus not being given full legal protection of human rights (as even young children aren't, nobody is fighting for suffrage, free speech or the RKBA for toddlers), to claim that it isn't a baby or human has propaganda value only. It's a redefinition of terms that adds nothing to rational discourse but serves the persuasive interests of one side only.

      They want to restrict people's *choices* about what goes on inside their own bodies

      No, pro-lifers want neither to make pregnancy banned nor compulsory. That choice is left to the individual. One method of implementing that choice, being abortion, is the target of their campaign.

      I've never seen any pro-life material that claims we should all live our lives completely under compulsion because having a choice is bad. It isn't about choice, it's about abortion.

      Semantics and meaningless.

      http://dictionary.reference.com/search?q=Semantics
      semantics
      -noun (used with a singular verb)
      1. Linguistics.
      a. the study of meaning.
      b. the study of linguistic development by classifying and examining changes in meaning and form.
      2. Also called significs. the branch of semiotics dealing with the relations between signs and what they denote.
      3. the meaning, or an interpretation of the meaning, of a word, sign, sentence, etc.: Let's not argue about semantics.


      Discussing whether a particular word is being used appropriately in a particular context is semantics. So you're claiming that in a discussion about semantics, semantics is meaningless. Good one Sherlock.

      Nothing gives those loons the right to crawl up inside another person's uterus.

      It is just as I suspected, you aren't interested in rational debate. Be my guest, post last. There is no need for me to reply again.

    60. Re:Sounds condescending to modern ears by wizardforce · · Score: 1

      I hate to break it to you but *you* are a clump of cells, intelligent maybe but still a clump of cells. the real argument that seems to be the core of any pro-choice view is that some clumps of human cells are alive and worth protecting and others aren't at some magical point in time... usually the cut off is at when those clump of cells are "intelligent" or "can live on their own." there are people who lack intelligence above that of any animal yet they're considered worth protecting as well as people with immune system and other disorders who can't survive outside a protective sterile cocoon yet we consider them alive and worthy of protecting, no- long ago I realized the whole argument was utter hogwash, the idea that humans are only people when you say they are is ridiculous, just another form of rooting for the home team.

      --
      Sigs are too short to say anything truly profound so read the above post instead.
    61. Re:Sounds condescending to modern ears by rohan972 · · Score: 1

      Frankly, I don't see how that is intellectually consistent.

      I wasn't stating a position on cases of rape etc, all I was doing was defining the limits of what I was currently discussing, that discussion being for the purpose of examining whether "anti-choice" is an appropriate label to the pro-life movement. I find that usually in any discussion on abortion that one side or the other will refuse to stick to debating a single point in a rational manner, choosing instead to attempt to complicate the issue if it looks like the other has a valid point.

      Nevertheless, I don't think it is necessarily intellectually inconsistent to be against abortion in some cases and accept it in others. I agree that to be against abortion does require to see the unborn as humans with rights, but there are examples of when we allow people to be killed. We do not argue that enemy soldiers have to be classified as non-human to be killed, killing in self-defence, executions are other examples. It could be argued that a woman who has consensual sex has a duty of care to any resulting offspring but a rape victim doesn't, so that the duty of care would negate the right to abortion in the 1st case but not the 2nd. Just as I have a legal duty of care for my own children but not yours. I'm sure we could come up with other arguments, probably better ones too. Now again, these aren't my own positions, we really ought to be able to examine and discuss various arguments reasonably without resorting to name calling and propaganda.

    62. Re:Sounds condescending to modern ears by rohan972 · · Score: 1

      Yes you have a right to engage in sex.

      That doesn't require that you have a right to sex without risking the consequence of pregnancy. Nobody has an inherent right to actions without consequences. I have the right to jump off a pier. I also have a right to not be covered in water. If I jump off a pier and get covered in water, or have to refrain from pier jumping to avoid the water, no-one has denied me any rights.

      If you're against abortion ... then you have to give everybody, including teens, affordable access to contraceptives.

      I don't have to give a thing to anybody. There are people in my country who claim that abortion should be paid for by the government, now you claim contraceptives have to be if abortion isn't. How does some-one else's "right to have sex" obligate me to pay money towards it? That's nonsense.

    63. Re:Sounds condescending to modern ears by walshy007 · · Score: 1

      Actually I do still have a point which remains: that pro-life doesn't mean anti-choice as claimed, women still have choice even if they don't have access to abortion.

      of course they have a choice, but hey a coathanger is messy and it's much safer to have a proper abortion than have the woman try to purposefully lose the fetus.

      people will do it regardless of whether it's legal or not, but if it's legal it will be safer

    64. Re:Sounds condescending to modern ears by rrohbeck · · Score: 1

      there are people who lack intelligence above that of any animal yet they're considered worth protecting

      But some that have even less function are not considered worth protecting, that's why it is legal to turn off life support for people in a persistent vegetative state under the right prerequisites and why assisted suicide for people with e.g. terminal cancer is legal in many jurisdictions.

      Your argument is too simplistic.

    65. Re:Sounds condescending to modern ears by rrohbeck · · Score: 1

      I said "give affordable access", not "give for free."
      This isn't about money. Contraceptives are cheap. Still teens can often not get access to them (what if the parents don't agree?) and/or don't know enough to use them properly. That's what leads to teen pregnancies and abortions.

    66. Re:Sounds condescending to modern ears by rohan972 · · Score: 1

      I said "give affordable access", not "give for free."

      So you want subsidized contraceptives then? Which doesn't negate my point? Using the word "give" does seem to imply me, you know, giving something.

      Still teens can often not get access to them (what if the parents don't agree?) and/or don't know enough to use them properly.

      When someone else (like parents) is paying your way, don't complain to me of your lack of freedoms. Pay your own way or appeal to those supplying your sustenance.

      That's what leads to teen pregnancies and abortions.

      Vaginal sex causes teen pregnancies, nothing else. Even saying give affordable access to contraceptives doesn't solve that because they aren't 100% effective. To return to my original point, you can choose not to get pregnant even without access to abortion. You might not be willing to avoid vaginal sex, but that doesn't mean you don't have the choice. As I said before to someone else: That is not an anti-abortion argument, it's a "anti-incorrect labelling of people who disagree" argument. I'm not making a case against abortion, I'm making a case against saying pro-life = anti-choice.

    67. Re:Sounds condescending to modern ears by wizardforce · · Score: 1

      in both casess that you mention there is normally some form of consent [DNR or will or verbal consent] there isn't any debate over their humanity in either case, abortion O.T.O.H there is no possible consent; the decision is made for them as to whether they live or not. but I agree, the argument is too simplistic, that is to say that the argument in favor of choice that rests solely on defining the right to life in terms of the opinion of the one who commits the act is too simplistic.

      --
      Sigs are too short to say anything truly profound so read the above post instead.
    68. Re:Sounds condescending to modern ears by rrohbeck · · Score: 1

      If there is no will in cases of persistent vegetative state the nearest relatives decide.

    69. Re:Sounds condescending to modern ears by wizardforce · · Score: 1

      convenience then not humanity decides the right or wrongness of the act. all this about a clump of cells not being human was absolute tripe and in the end, irrelevant. I think the important thing to drag away from this is that it doesn't even matter whether that clump of cells is "alive" or not, the decision is regarded as being "correct" as long as it is made by someone against anything that can not say "no." it's the same with animals, bugs, people, pretty much everything that doesn't have any voice, the decision will always be right as long as the decision of its morality is made by the perpetrator of the act and that... is nonsense.

      --
      Sigs are too short to say anything truly profound so read the above post instead.
    70. Re:Sounds condescending to modern ears by Darby · · Score: 0, Flamebait

      Your assertion requires the presupposition that a unborn child is not a human.

      No, dipshit, your assertion that it is a full blown human being deserving of more rights than an actual human being is what requires a presupposition. Women are not your slaves. You have no right to force them to ruin their lives bearing children they can't afford to make you happy. Go live in a totalitarian society if you want to, don't try to fuck up this one worse than you already have.

      No, that's propaganda. If you redefine terms to suit your political agenda, it doesn't make your opposition liars.

      Glad you realize that. Now quit redefining terms to suit your entirely fucking evil political agenda of demanding women be your slaves. It's disgusting and does nothing to help anybody and only harms all involved. Grow up and realize you do not get to decide when and if people you don't even know have children.

      No, pro-lifers want neither to make pregnancy banned nor compulsory. That choice is left to the individual. One method of implementing that choice, being abortion, is the target of their campaign.

      Yes, they do want to make continued pregnancy against the will of the only person with any right to decide compulsory. That's what banning abortion is for and that's all that it can possibly do.

      It is just as I suspected, you aren't interested in rational debate. Be my guest, post last. There is no need for me to reply again.

      Actually, I am, but you are incapable of dealing rationally with this issue. You feel that you have the right to force a woman to bear a child she doesn't want and can't afford solely because you feel she should have to. The fact that you think you have any place being involved in another person's private life to such an overwhelmingly invasive degree demonstrates absolutely, your inability to deal rationally with this issue. Sane people don't think they magically get to control extremely personal decisions of people they don't even know.
      You continually claim that taking away her choice in the matter isn't anti-choice, that's insane and disgustingly dishonest. But again, that's what you get when you try and shove religious beliefs into the laws of an explicitly non-religious system of government. This kind of disgustingly evil crap is why religious delusion was explicitly banned from being codified into law in this country.

       

    71. Re:Sounds condescending to modern ears by mcgrew · · Score: 1

      Social Security hasn't failed, the Congress has. It continually gets "borrowed from" at zero percent interest and never paid back. Also, as regards SS, the rich are greatly undertaxed. Bill Gates' SS tax is the same in dollar anounts as a man earning $75k per year. If the rich and their employers paid the same 15% I and my employer do, it would be sound even if the idiots in Congress continually raided it like they've done for decades.

      Medicare works. The only two things I look forward to getting old for is retirement and Medicare. My 77 year old dad is a lot happier with his medical care and its payment than I am with mine, and I have comparitively excellent medical insurance (I've had major eye surgery twice in two years, see Vitrectomy and Behind my sig (the sig changed when I got my old /. account back).

      On the third you are correct. I've known Section eight tenants and landlords alike, and Section eight housing is an unmitigated disaster that hurts the poor but helps the well-to-do. A slumlord with property in the worst part of town that would not garner $200 a month on the open market rents for $600, with the landlord getting $400 and the poverty-stricken McDonald's or WalMart employee paying $200. It inflates rent payments for everyone, including the poor who who can't get Section eight (there is a very long waiting list). Section eight housing should be abolished. It does not work.

    72. Re:Sounds condescending to modern ears by jcnnghm · · Score: 1

      Why should someone have to pay to support a social program that they will never have to use? The rich are already paid significantly less SS benefits than the poor, so why should they have to pay to support the system? Why should success be punished?

      Medicare is going to get substantially more expensive to support, and will ultimately prove to be unsustainable, once the baby boomers start to retire and require extraordinarily expensive medical care. The US is getting kind of top heavy, and it's going to be difficult, if not impossible, to balance that weight.

      While I agree with you about section 8 housing, I was talking about affordable housing in the context of forcing banks to make loans to people that couldn't afford it with a series of bad laws, corrupt government sponsored enterprises, and justice department pressure. The latest boondoggle to fail spectacularly to the tune of $700B. Tamper with the market realities at your peril.

      --
      You don't make the poor richer by making the rich poorer. - Winston Churchill
    73. Re:Sounds condescending to modern ears by mcgrew · · Score: 1

      Taxes aren't punishment. Money doesn't trickle down; the wealthy do not create wealth. Wealth is created by the poor and middle class on the factory floor, the fry cook's stove, the programmer's cubicle, and at the cash register. The rich only collect and control the wealth. They are parasites in a sense. Yes, madicare will get more expensive. I say let it cover everyone, now. We don't need the middlemen in the health insurance industry; health care should not be an industry.

    74. Re:Sounds condescending to modern ears by jcnnghm · · Score: 1

      Money does trickle down. Lets tell the story about a man named Jones. Jones gets a job out of college with a $60k base salary. He manages to keep his expenses low, and is able to save $50k within 2 years. In that time, Jones has managed to earn a significant promotion, and is now making $80k. Jones uses his savings as the down-payment for a house, and takes in 3 roommates to assist in paying the mortgage (money trickles down to Bank, Contractor, Realtor, Construction Equipment Manufacturer, Timber Mill, employees, etc...). Jones is still fiscally responsible, and with the help of the roommates, is able to pay off the house after about 5 years. Jones is now making $140k/year, and is the second in command at his company. He is only spending about $40k/year though. Jones decides to lend the excess money to a local bank, at 4% interest, by opening a Savings Account. With Jones's money, the bank is able to afford to make a loan to a man starting a small business. The man opens his business, is successful, and after a couple of years, repays the loan. The man has 20 employees, and Jones's money made their employment possible.

      Jones decides that he wants to take his ~$350k out of the bank, and hires a financial planner. The financial planner of course profits from Jones's decision, as do all of the companies and their employees that the financial planner does business with. The financial planner purchases a diverse collection of mutual funds for Jones, with money trickling to the fund, the employees of the fund, and all the vendors that the fund uses (e.g. Paper Company, Microsoft, Janitorial Company, and their employees). Within 2 more years, Jones has amassed nearly $600k in savings, and his house is valued at $400k.

      Jones decides that he wants to start a company to design, manufacture, market, and sell HyperWidgets. Jones is granted a business loan to purchase the capital equipment that he needs, although he has to personally guarantee the note with his home. Jones hires several employees, and the company begins to manufacture the HyperWidget, and starts making sales. 3 years later, Jones has spent $450k of the $600k he had saved, though the company is now breaking even. All the employees and contractors hired by Jones, as well as the companies they've hired, and their employees, and so on and so forth, benefit from Jones's investment.

      1 year later, Jones is making enough to cover his personal expenses, and 2 years after that he's making an additional $150k/year above and beyond his expenses. During this time, Jones has hired more employees and purchased additional capital equipment, and additionally has continued to invest, with that money trickling through the market as well. During the third year though, market troubles cause a temporary cash-flow issue, and Jones makes the company a personal loan equivalent to a full years salary to cover the shortfall. His largest competitor, however, wasn't as fiscally responsible as Jones, and they are forced into bankruptcy. Jones is now the largest HyperWidget company, and sees their orders quintuple over the next year. Jones lends the company his entire savings to purchase the capital equipment, and the accounts, from his competitors bankruptcy auction at fire-sale rates. Jones then sells 10% of the company to a series of outside investors, and uses the incoming capital to hire additional staff to handle the additional work.

      Jones HyperWidgets dominates the market for a few years, continuing to grow rapidly. Over time, Jones's salary has gone up, as have his dividends. His personal loans have also been repaid. Jones buys a number of competitors and suppliers, growing his enterprise vertically and horizontally. Jones is able to grow these companies as well, and eventually sells them to Jones HyperWidgets. When Jones HyperWidgets goes public, they have nearly $50M/year in revenue, are the dominant player in the HyperWidget market, and has nearly 1,000 employees.

      Jones has amassed a personal fortune of nearly $300M from t

      --
      You don't make the poor richer by making the rich poorer. - Winston Churchill
    75. Re:Sounds condescending to modern ears by mcgrew · · Score: 1

      money trickles down to Bank, Contractor, Realtor, Construction Equipment Manufacturer, Timber Mill, employees, etc

      That's not trickling down, that's flowing UP. The guy with the $60k base salary is the one creating wealth. The guy in the corner office with the $6m salary merely aggregates and controls the wealth the $60k worker is generating.

      "Trickle Down Economics" assumes that if you give money to the guy with the $6m salary that somehow it's going to reach Jones. But it won't. If you give Jones another $10k the economy is boosted. Giving it to the guy who makes $6m is like giving Jones a dollar.

  2. Can't listen, Flash only by smooth+wombat · · Score: 3, Interesting

    Had they put up some mp3, FLAC, WMA or similar files, it would be easy to listen to. However, they chose to use that insecure, and wholly inappropriate, Flash to distribute an audio file.

    It's a shame too, because I'm sure the recordings would be interesting to hear.

    It just goes to show why Flash must die.

    --
    We will bankrupt ourselves in the vain search for absolute security. -- Dwight D. Eisenhower
    1. Re:Can't listen, Flash only by Kratisto · · Score: 5, Funny

      Spoiled kids today. In MY day, we had to listen to presidential debates on wax cylinders! And it cost us the equivalent of eight dollars, too!

      --
      Conscience is the inner voice which warns us that someone may be looking.
    2. Re:Can't listen, Flash only by Hatta · · Score: 3, Insightful

      That's nice, but why the hell couldn't they just link to them directly? Why do they go out of their way to make their site completely unusable to those of us who don't use flash? It's so easy to do it right, why do so many places get it wrong?

      --
      Give me Classic Slashdot or give me death!
    3. Re:Can't listen, Flash only by Anonymous Coward · · Score: 5, Insightful

      Yes, and some day my "why can't all sites work the same without javascript" campaign will catch on, too.
       
        Why can't all sites work the same without javascript! I shouldn't have to use that trash!

    4. Re:Can't listen, Flash only by Anonymous Coward · · Score: 0

      Error 403

      ZUGRIFF NICHT ERLAUBT
      Die angeforderte Seite darf nicht angezeigt werden.

    5. Re:Can't listen, Flash only by outZider · · Score: 2, Insightful

      Really? Flash is pretty easy to use, too. You just install the plugin, and bam, it works. Amazingly enough, this is relevant to Linux, Windows, and Mac OS X. Wow. Technology.

      It's amazing. A few years ago, people would whine about using RealAudio to distribute. Then they'd whine about WMA, because it wasn't cross platform. Then they'd whine about MP3 because of licensing. Now, sites are using a cross platform, semi open distribution method that is nearly ubiquitous, and now people want to make things up to whine about. Just install Flash.

      --
      - oZ
      // i am here.
    6. Re:Can't listen, Flash only by pat+sajak · · Score: 1

      Thanks for these. For some reason I wasn't getting any sound with the Flash. I don't understand how they got MP3's on to wax cylinders but I'm glad they did!

    7. Re:Can't listen, Flash only by Anonymous Coward · · Score: 1, Interesting

      But what about all of us who don't use mp3 players?
      What about all those security updates for Winamp, Windows Media Player, and pretty much any other audio player?
      If you don't trust a flash applet, why would you trust an mp3 file that can possibly be malicious?

    8. Re:Can't listen, Flash only by Facegarden · · Score: 1

      Thanks for these. For some reason I wasn't getting any sound with the Flash. I don't understand how they got MP3's on to wax cylinders but I'm glad they did!

      No, no, they got flash onto the wax cylinders, then they converted the flash audio to MP3 later. Obviously in 1908 they didn't have the tech to convert MP3's directly to wax cylinders, sheesh!
      -Taylor

      --
      Worldwide Military budgets: $2100 billion. Worldwide Space Exploration budgets: $38 billion. Really, world? Really?
    9. Re:Can't listen, Flash only by HTH+NE1 · · Score: 1

      It is me again, just responding on a different tangent.

      You just install the plugin, and bam, it works. Amazingly enough, this is relevant to Linux, Windows, and Mac OS X. Wow. Technology.

      Last I checked, it was installed with the two major browsers by default. However, in my work environment, I don't want Flash to come up and start yelling, "Aaah-aah, it's a miracle!" Even if locked behind a click by NoScript, there's no indication whether it will be disruptive to my work environment if I were to enable it temporarily.

      I certainly don't want Flash ads interfering with my browsing, especially those that escape their bounds and want to overlay over the entire page. Who knows what behavior I'll trigger if they can throw transparent linked images over the page content. And did you know Flash can use your webcam? Right-click and learn.

      --
      Oh, say does that Star-Spangled Banner entwine / The myrtle of Venus with Bacchus's vine?
    10. Re:Can't listen, Flash only by mcgrew · · Score: 3, Funny

      What are you talking 'bout, you young whippersnapper? Tarnation, in MY day we didn't have no dad blamed newfangled wax cylinders. We had to trudge hundreds of miles through the snow, uphill (both ways) to find a whistle stop where we could hear the varmints. Before shootin' at 'em, of course. Gotta make sure ya ain't shootin' at the wrong one. Then we'd tar and feather 'em and run 'em outta town on a rail.

      I'd tell ya to git offen my lawn, but we didn't even have no durned lawns back then.

    11. Re:Can't listen, Flash only by outZider · · Score: 1

      Which is fair, but if the OP really wanted to listen to this content, a couple of clicks would re-enable Flash for that session so he could use it, if the OP was using Firefox. Flash certainly can use your webcam, but right clicking a Flash object, going to settings, and a click of a checkbox denies Flash access to your webcam.

      Look, I hate Flash too in a lot of ways. On OS X, it's still a dog, stealing copious amounts of CPU at times, and hanging the browser at others. The Windows version is still the cleanest implementation, but it's far from perfect. On the other hand, Adobe seems oddly committed to polishing it up, because it's nearly a standard at this point, and I'd much prefer they win over Silverlight -- because Silverlight is the only browser plugin to date that has successfully brought my machine to a kernel panic. No one doubts that Flash needs a lot of work, but the complaints people have are easily fixable with an extension or simply some smart use of the computer. Those without the necessarily intelligence to successfully disable this stuff generally don't care about what Flash does in the first place.

      --
      - oZ
      // i am here.
    12. Re:Can't listen, Flash only by Reziac · · Score: 1

      Glad you said this, saved me the same rant... and big thanks to Munk's reply with the direct links.

      Hell, the EMBED tag supports alternative content, couldn't they at least use that?

      Side note: I learned about the alt-content when I was cleaning up a flash-based site in Frontpage XP of all things (Fp being the only app I've found that can reliably clean up Dreamweaver-caused messes), and FP asked me if I wanted to include alt-content for non-flash visitors. YES YES YES! And happy we were, til I had to run the site back thru Dreamweaver -- which REMOVED the alt-content without even asking me. *MRNG*

      --
      ~REZ~ #43301. Who'd fake being me anyway?
    13. Re:Can't listen, Flash only by LEMONedIScream · · Score: 1

      I hate to burst the bubble but it isn't available on 64bit Linux, not that not having Flash has affected my life negatively though. I replaced YouTube videos with a Greasemonkey embed thingy and bam. But yeah, no Flash on 64 bits--the way forward!

    14. Re:Can't listen, Flash only by mcgrew · · Score: 3, Insightful

      why can't all sites work the same without javascript

      Because people don't know how to code. Some javascript is needed and useful, but 99% of it isn't. My old Quake site used javascript, but if you didn't have javascript it degraded gracefully. The Stroggs still danced, but mousing over the one on the right didn't have Sonic the Hedgehog running past and getting squished. With javascript the nav buttons were animated when you moused over them, without they just sat there with the arrow cursor turning into a hand pointer.

      "Dopey Smurf" was a medical student who had a rat he was dissecting wake up and bite him once. When he decided to close his site, I "sent him a box of invisible rats". Actually we set it up with a news item on his site that I'd sent a box of invisible rats, so whatever you do FOR GOD'S SAKE DON'T CLICK THIS LINK!!! or the invisible rats would escape and eat his site. If you clicked the link, invisible rats actually did come out and eat his site; there was a GIF animation of teeth marks, yellow rat shapes covering the page, which left it just like Joost Shuur's Slipgate Central after it closed. We didn't use a single line of javascript, just an HTML link and an animated GIF.

      You young folks missed it, the internet was lots of fun back then. Now it's all javascript, flash, and advertising.

    15. Re:Can't listen, Flash only by mcgrew · · Score: 1

      Flash is pretty easy to use

      And is useless to the web surfer for 99.99% of its uses (advertising) and can there are better alternatives fro 99% of the legitimate (to the surfer) uses.

      A few years ago, people would whine about using RealAudio to distribute

      That's because it sucked. Like Flash, everybody had it but everybody hated it. I used it on my Quake site for a very brief time (I had a "Quake Music" page) before switching to MP3.

      Then they'd whine about WMA, because it wasn't cross platform

      Really? I missed that. Never used it, and have been warning people about its security risks for a decade. I did use low quality WAV files, though.

      Then they'd whine about MP3 because of licensing

      Not the users; you didn't need a license to use the format, only to write a player or encoder. And guess what? Its patent has run out. There is no longer any reason to whine or rant.

      I hate Flash because it's an insecure resource hog. Call me a whiner if you want, but your "whining" always sounded like ranting to me. But go ahead and rave on about Flash.

      Right now I'm pissed at Flash because the iGoogle weather channel widget is nagging me t9o upgrade. I'll just kill the wiget instead, fuck 'em.

    16. Re:Can't listen, Flash only by outZider · · Score: 1

      But it is installable with a commonly available 32 bit wrapper on most if not all major distributions, making it effectively a non-issue.

      --
      - oZ
      // i am here.
    17. Re:Can't listen, Flash only by tsa · · Score: 1

      I agree. And why do all these newfangled websites use pictures? I can hardly view any site in my beloved lynx anymore! It's so easy to do it right, why do so many places get it wrong?

      --

      -- Cheers!

    18. Re:Can't listen, Flash only by nschubach · · Score: 1

      Web browsers!? Why should I have to install something that makes me go out of my way to enter a URL and obtain such files when I can just read it on the BBS with my perfectly stable modem terminal? I don't even need a mouse to use it and it's a much more keyboard friendly design!

      Join MY campaign against web browsers!

      --
      Every time I start to have faith in humanity, I ruin it by driving to work between 7 and 8 am.
    19. Re:Can't listen, Flash only by nschubach · · Score: 1

      "I hate Flash because it's an insecure resource hog."

      That's kind of like saying you have C because it's an insecure resource hog. Flash can be secure and fairly efficient depending on the programmer. As a Flash developer, I see many... many cases of bad code or practice (mainly because Actionscript is so lenient) but that doesn't automatically delegate Flash to the worst programming language in the world.

      Frankly, it's quite good at what it does and it surprises me sometimes in how well it handles animated vectorized graphics and other media so well.

      --
      Every time I start to have faith in humanity, I ruin it by driving to work between 7 and 8 am.
    20. Re:Can't listen, Flash only by tsa · · Score: 1

      About your sig: my online bank allows only numbers in the password... sigh.

      --

      -- Cheers!

    21. Re:Can't listen, Flash only by mcgrew · · Score: 1

      The difference is, I decide what apps compiled from C source I run, but with Flash it's a crapshoot. Any link I click might load Flash, and there are a lot more bad programmers of any language than good ones.

      Flash has its uses, yes. But it has way more abusive uses, like advertising and splash pages.

    22. Re:Can't listen, Flash only by rrohbeck · · Score: 1

      Why can't all sites work the same without javascript! I shouldn't have to use that trash!

      Because then you could disable JS and all of the advertising and tracking wouldn't work any more.

    23. Re:Can't listen, Flash only by Hatta · · Score: 1

      You kid, but imagine if websites required a 3rd party plug-in to view pictures. That would be retarded right? That's about how dumb it is to require flash for a simple mp3.

      --
      Give me Classic Slashdot or give me death!
    24. Re:Can't listen, Flash only by Foobar+of+Borg · · Score: 1

      Error 403

      ZUGRIFF NICHT ERLAUBT
      Die angeforderte Seite darf nicht angezeigt werden.

      Ich habe gefallen und ich kann nicht aufstanden!

    25. Re:Can't listen, Flash only by Overly+Critical+Guy · · Score: 2, Insightful

      Maybe because this is 2008, and they're not trying to cater to the teeny-tiny, incredibly miniscule number of Slashdot whiners who still live in the Dark Ages and refuse to use any Flash whatsoever even though it's the most popular cross-platform web solution for delivering multimedia content.

      --
      "Sufferin' succotash."
    26. Re:Can't listen, Flash only by operagost · · Score: 1

      It's amazing. A few years ago, people would whine about using RealAudio to distribute.

      Are you kidd[Buffering...]ing? I love Realp[Buffering...]layer.

      --

      Gamingmuseum.com: Give your 3D accelerator a rest.
    27. Re:Can't listen, Flash only by Anonymous Coward · · Score: 0

      WMA? You must be a Windows user. Flash is more portable than WMA. WMA must die.

    28. Re:Can't listen, Flash only by Anonymous Coward · · Score: 0

      Then use flash. Sorry. You are 1% of the market. Deal.

    29. Re:Can't listen, Flash only by drsquare · · Score: 1

      Yeah, and why can't I get to websites without one of those 'computer' things? There's no reason it all can't be on teletext or telegrams.

    30. Re:Can't listen, Flash only by drsquare · · Score: 1

      And is useless to the web surfer for 99.99% of its uses (advertising) and can there are better alternatives fro 99% of the legitimate (to the surfer) uses.

      Actually, 99.99% of the time Flash is used for streaming media and games. Sorry for bursting your bubble with facts.

    31. Re:Can't listen, Flash only by Anonymous Coward · · Score: 0

      John McCain? Don't you have a campaign to run?

  3. Give Teddy four more years! by Anonymous Coward · · Score: 0

    Four more years!

  4. Tag failures by Anonymous Coward · · Score: 0

    Why is every article tagged "story?" Defeats the purpose of having tags.

    1. Re:Tag failures by philspear · · Score: 1

      The beginning of tagging trolls?

    2. Re:Tag failures by HTH+NE1 · · Score: 1

      On the Firehose, the "story" tag separates stories from submissions and comments. The "story" tags are just leaking to the front page.

      --
      Oh, say does that Star-Spangled Banner entwine / The myrtle of Venus with Bacchus's vine?
    3. Re:Tag failures by Hatta · · Score: 3, Insightful

      There's a purpose to having tags?

      --
      Give me Classic Slashdot or give me death!
    4. Re:Tag failures by Anonymous Coward · · Score: 0

      Because there are parts of the site that aren't stories: journals, the firehose, etc.

      No matter how much we may wish there weren't...

  5. banking by thermian · · Score: 4, Insightful

    Isn't the whole reason you got the greenback dollar because Lincoln didn't want to get the US govt into hock with the banks?

    I was under the impression that there was always a significant distrust of banks in the US, until recently that is. I am astonished that a country which refuses to pay for a national 'free at point of provision' health service, supported by taxes, yet they happily hand over the entire country's income tax to the banking system, and now 700 billion because they stayed greedy for a bit too long.

    That also puzzles me. Why not, just to throw a wild idea out, take a portion of the bad dept on for the people who are getting kicked out. I mean like buy 1/2 or 2/3 of the dept from the citizens affected, so they aren't evicted.

    Surely that would work just as well.

    --
    A learning experience is one of those things that say, 'You know that thing you just did? Don't do that.' - D. Adams
    1. Re:banking by Knara · · Score: 2, Insightful

      I was under the impression that there was always a significant distrust of banks in the US, until recently that is. I am astonished that a country which refuses to pay for a national 'free at point of provision' health service, supported by taxes, yet they happily hand over the entire country's income tax to the banking system, and now 700 billion because they stayed greedy for a bit too long.

      This is highly related to Cold War politics, namely a deep fear of anything that isn't straight-up laissez faire capitalism (even though we don't even have that). Conservative politicians routinely deem anything that isn't private industry-based to be "socialism", which to many Americans (who are, let's be honest, stupid, stupid people) is the same as Soviet-style communism and a harbinger of not only the fall of American democracy but most likely the End Times(tm)

      It doesn't help that many devotees of the two major political parties will stick to their party no matter what. This is most apparent in the Republican party, where "smaller government, lower taxes, stronger America" has been the refrain for 3 decades, while the politicians elected in said party have routinely governed towards larger government, same or higher taxes, and a dubiously stronger US (by virtue of overextended military capacity and very high national debt). Alas.

    2. Re:banking by rhsanborn · · Score: 4, Interesting

      It's been mentioned that for about 75 Billion the US Gov could give 100k to each of the households currently in foreclosure, which should stop that process. Unfortunately, the issue isn't necessarily the houses that ARE in foreclosure, as only between 1-2% (from figures I've heard) are in foreclosure. The issue, is that no one wants to buy the securities based on the possibility that more will go into foreclosure. The US Gov is offering to buy all the securities based on the sub-prime mortgages which would remove the concern about buying a mortgage backed security that might be poisoned with possible, future foreclosures.

      Unfortunately, either option seems silly. First, we're rewarding foolishness on the part of both the buyer and seller, which only encourages further such action in the future. Second, unemployment is still at reasonable levels, there may not be as much credit on the market, but the market is definitely not dry, and won't be as long as the fed keeps money available which it's done all along.

      It looks like fear mongering on behalf of wall street is about to put 700 billion dollars into the pockets of the upper 90% via stock increases as banks unload these securities which they should have never created in the first place.

    3. Re:banking by philspear · · Score: 5, Insightful

      which to many Americans (who are, let's be honest, people and therefore stupid)

      Fixed that minor point for you. It's not like the good people of the rest of the world are magically resistant to propaghanda or sufficiently knowledgeable about economic systems.

    4. Re:banking by HTH+NE1 · · Score: 1

      That also puzzles me. Why not, just to throw a wild idea out, take a portion of the bad dept on for the people who are getting kicked out. I mean like buy 1/2 or 2/3 of the dept from the citizens affected, so they aren't evicted.

      You mean the hundred-years-of-blah-blah-blah dept.? When did that go bad?

      (The word you want is "debt" with a silent B.)

      --
      Oh, say does that Star-Spangled Banner entwine / The myrtle of Venus with Bacchus's vine?
    5. Re:banking by Anonymous Coward · · Score: 0

      Actually, the Democrats most prove your point and it is born out through statistics.

      The Republican base is fickle and changes over time. Witness 2006 when we finally threw the liars out. Now Democratic support is absolutely pegged to population size and it does not change. A Democrat is a Democrat for life.

      A Republican is much more likely, at least a portion of the base, to vote Democrat from time to time or a third party. (Ross Perot anyone?)

      "(who are, let's be honest, stupid, stupid people)"
      That has to be one of the most offensive and bigoted quotes I've seen here for some time. Congrats your condescending ass.

    6. Re:banking by jcr · · Score: 1

      Isn't the whole reason you got the greenback dollar because Lincoln didn't want to get the US govt into hock with the banks?

      More like, he had a war to fund, and he couldn't be bothered to let something like the constitution stand in his way.

      -jcr

      --
      The only title of honor that a tyrant can grant is "Enemy of the State."
    7. Re:banking by superdave80 · · Score: 4, Insightful

      Why not, just to throw a wild idea out, take a portion of the bad dept on for the people who are getting kicked out. I mean like buy 1/2 or 2/3 of the dept from the citizens affected, so they aren't evicted.

      So, my taxes, that came out of my pocket, should pay off the loan of another person? Why stop there? Use my money to pay people's rent, utilities, etc.

      People seem to think that a person losing their home is the end of the world. Rent an apartment (people do it all the time), and make sure you save wisely enough to be able to pay for your house next time.

    8. Re:banking by Knara · · Score: 1

      You're absolutely correct, however, we weren't talking about "other people in the world".

    9. Re:banking by Anonymous Coward · · Score: 1, Interesting

      there may not be as much credit on the market, but the market is definitely not dry, and won't be as long as the fed keeps money available which it's done all along.

      Bzzzt. Your grasp of reality ended with that statement. The BANKS determine the actual credit that's being lent, the Fed coalition can only suggest the rate and offer 'injections' of capital at times of severe crisis. Unless the banks start building liquidity (read: improving, not deteriorating as they currently are) we are headed for a real problem. Continuing on the course of 'stay out of the failing banks way' will result in severe unemployment, sooner rather than later.

    10. Re:banking by BobMcD · · Score: 2, Interesting

      This overlooks the recent enemy shift, and while may have likely formed the personalities of the Americans making their decisions today, isn't the root of it anymore.

      If you're talking pre-fall-of-the-USSR, then 'Communism' is in fact the '-ism' that drives decisions.

      Today, however, one should only fear the Terrorist. Occasionally Communists are Terrorists as well, but often times they are not. All non-Terrorists are presently 'cool' with the United States...

      In short: 'sed -e "s/Communism/Terrorism/g"'

      So, the reason most Americans chafe at socialist programs today is primarily because they are EXPENSIVE, and we need that money to occupy Iraq, Afghanistan, etc.

    11. Re:banking by BobMcD · · Score: 1

      Oh, and I forgot to mention this one too:

      s/democracy/freedom/g

      Forgetting that tidbit opens the door to the 'Hamas was democratically elected' argument...

    12. Re:banking by Anonymous Coward · · Score: 0

      The reason why Americans distrust socialist programs is that they require mounds and mounds of bills and paperwork to be created by people who aren't nearly as well informed about the issues at hand than businessmen. Congressmen may be better informed than the little people, but they should be facilitating the creation of society, not creating regulation after regulation.

    13. Re:banking by Knara · · Score: 1

      I understand what you're saying, however the majority of senior politicians are still of the Cold War vintage, and as such, political paradigms are still frequently framed (and marketed) with a "we don't want to be socialist" approach.

      Most people don't spend very much time worrying about the national debt. They do, however, seem to respond negatively to anything that even hints at a reduction in what they perceive as the the absolute level of personal freedom Americans have (regardless of whether or not that perception is accurate). As a result, any movement towards universal healthcare just needs to be relabeled as "socialized" (aka "socialist") healthcare, and you get propoganda implying that basically people are going to get the medical care equivalent of soviet bread lines, and they balk at programs that would IN FACT HELP THEM LIVE BETTER LIVES.

    14. Re:banking by Lord+Ender · · Score: 1

      It is completely misleading and dishonest of you to compare the purchase of $700B of yielding assets to the grating of $700B cash. They are just not the same thing.

      --
      A slashdotter who didn't build his own computer is like a Jedi who didn't build his own lightsaber.
    15. Re:banking by Anonymous Coward · · Score: 0

      s/Eurasia/Eastasia/g ?

    16. Re:banking by robertjw · · Score: 2, Insightful

      That also puzzles me. Why not, just to throw a wild idea out, take a portion of the bad dept on for the people who are getting kicked out. I mean like buy 1/2 or 2/3 of the dept from the citizens affected, so they aren't evicted.

      Surely that would work just as well.

      The best reason not to do that is because it would REALLY piss off those of us who are responsible and pay their mortgage. I'm not exactly getting rich here, but I didn't get an interest only loan with an adjustable rate, and I'm paying my mortgage every month. Why should we bail out a bunch of people who bought houses they shouldn't have, gambling on the idea that real estate would increase in value at a linear rate forever, and now can't pay for them.

      I have great compassion for people who have had circumstances (lost jobs, personal loss, etc...) who are losing their homes. If there was a reliable way to identify these people (and if would trust our government) I think that would be a great thing to do. I have no compassion for someone who didn't do their due diligence prior to signing the papers.

      FWIW I don't think we should be bailing out banks that took on too much risk with sub-prime mortgage funds either, but not bailing them out will impact the economy and all of us regardless of our personal decisions. From that standpoint it makes sense to prop up the economy.

    17. Re:banking by mooingyak · · Score: 1

      ... and Americans (and let's be honest here, they almost universally have two legs) ...

      If it's true everywhere, why point it out as a characteristic of a single group?

      --
      William of Ockham had no beard. The most likely explanation is that it was chewed off by squirrels every morning.
    18. Re:banking by zulux · · Score: 1

      >>the reason most Americans chafe at socialist programs today is primarily because they are EXPENSIVE

      Some of us recognize that the short-term material gains of socializing things may not outweigh the long term decrease of our freedom.

      Socializing roads makes sense - we trade only a small amount of freedom for a lot of practical benefit. We have a few road-rules to obey and a small amout of taxes to pay to be able to travel quickly just about anywhere.

      Socializing health care makes no sense as a trade off - we allow the government make life and death choices over us for a marginal increase of benefit to our pocket books.

      I'm not greedy enough to trade a smaller health-care bill for the freedom to do with my very health and life as I see fit? Are you?

      --

      Moneyed corporations, non-working 'poor' and criminal prisoners are turning productive citizens into tax-slaves.

    19. Re:banking by Archangel+Michael · · Score: 0

      People are Stupid Panicky Animals.

      The phrase "Something has to be done. We're doing something. Therefore it has to be done!" is very appropriate.

      The fact is, this problem was caused by both (D) and (R) people pushing for regulations and controls on the marketplace. None of the CONTROLS and OVERSIGHT mattered when people were making lots and lots of $$$$. But now that the pyramid scheme has collapsed (as it will always do), people want MORE of the SAME.

      I have one rule, that will fix all the stupid short sighted problems of the "free" market, and won't need any government regulation or oversight.

      Pay all boards and CEO types a salary of $1. Give them stock, of which they can only SELL 1% the year that they get it, the other 99% of the stock is locked away for 20 years, and is untouchable.

      There isn't anyone worth $35 million (or whatever it was) for 19 days of work. I'm not even sure there is anyone really worth $35 million a year, but that is my opinion.

      --
      Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
    20. Re:banking by Anonymous Coward · · Score: 0

      Knara is just a douchebag and a snob.

    21. Re:banking by Anonymous Coward · · Score: 0

      Have fun dying of cancer when you decide not to get that lump checked out because it's "probably nothing, so why waste the money?".

    22. Re:banking by zulux · · Score: 0, Flamebait

      >>Have fun dying of cancer when you decide not to get that lump checked out because it's "probably nothing, so why waste the money?".

      Scare tactics!?!?

      You can get a lot of people do all sorts of things if you scare them and give them enough fear.

      Sadly for you, there are some people who are immune to your childish play on emotions.

      --

      Moneyed corporations, non-working 'poor' and criminal prisoners are turning productive citizens into tax-slaves.

    23. Re:banking by spun · · Score: 1

      How is your proposal not government oversight and regulation of the most serious sort? The fact is, this crisis was caused by lack of oversight and regulation, and by greedy sociopaths, and voodoo economics. When you apply economic stimulus from the bottom, the rich know what to invest in. When you apply it to the top, they will NOT use their money to create more jobs, that's risky! They will create a house of cards gambling system where they are the house and they will get their cut. That is what happened, the rich created a housing bubble, profited from it, and now they are trying to stick us with the bad debt they created.

      Here's an idea, how about we disband corporations that break the law and sell off all their assets? Corporate death penalty.

      --
      - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
    24. Re:banking by icebrain · · Score: 1

      I'm fairly libertarian, but I'm willing to accept the concept of universal healthcare. However, the idea of government-controlled healthcare frightens me. I don't want some government desk jockey denying a procedure by fiat and leave me unable to do anything about it.

      Of course, private insurance hardly any better. Insurance should cover the big items--accidents, major illnesses, etc. I'm convinced healthcare costs are so high primarily because of insurance. As more and more people got insurance that covered routine stuff, the medical types realized "hey, we can raise the prices and people will still come, because they only see the copay. The insurance companies will just pick up the rest!" I mean, how many times have you heard people talk about getting pills for "free" or "only a couple dollars"? It's just like taxes--"I didn't pay any taxes this year; they actually gave me money!" Yeah right... Then there's the problem of people demanding antibiotics for everything, an over-litigous society, and emergency-room visits for earaches...

      Tax-funded healthcare is one thing. But I'm tired of seeing welfare for nothing. You shouldn't be drawing from the public coffers (supplied by money taken by force on your behalf) just for breathing. If you want a welfare program, make those receiving benefits contribute in some way. The able-bodied can build stuff (public works, roads, mass transit, etc). The disabled can do other things.

      Get off my lawn, back in my day, uphill both ways, blah blah blah...

      --
      The meek may inherit the earth, but the strong shall take the stars.
    25. Re:banking by Schadrach · · Score: 1

      Instead your money, that came out of your pocket, should be spent buying securities from banks because noone else will?

      It sounds like keeping people in their homes and getting to essentially the same place would be preferable to the alternative.

    26. Re:banking by spun · · Score: 1

      Hmm, then how come countries with socialized medicine (ALL the rest of the first world, mind you) have longer life expectancies, lower infant death rates, and are simply better by any reasonable measure of health care bang for the buck? If you think you have any sort of meaningful freedom as it relates to health care now, you are delusional. The HMOs and insurance companies make the rules, and unless you are willing to spend a king's ransom on a decent plan, or and emperor's ransom to pay for it all yourself, you are at their mercy.

      Why do you let corporations, which you have no control over, have control over every important aspect of your life, and call it freedom? Why is it bad when the government does it, but good when corporations do?

      --
      - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
    27. Re:banking by moderatorrater · · Score: 1

      There isn't anyone worth $35 million (or whatever it was) for 19 days of work. I'm not even sure there is anyone really worth $35 million a year, but that is my opinion.

      Michael Jordan was probably worth that back in his prime for ads. Air Jordans were the most recognizable brand of shoe for a long time, and I can't imagine that Nike didn't make at least $1 billion off of it. 3.5% commission sounds downright small when you look at it that way.

    28. Re:banking by ahabswhale · · Score: 1

      While every country has plenty of stupid people, I am starting to believe that my beloved America has more than most. I don't think it was always this way but I think our education system has declined to the point that we're left with a bunch of thoughtless ADD'ers who can't think of anything but themselves. Just ask some younger people anything about history, geography, and forget math... you might be surprised how little they know. Our schools don't teach kids how to think, at least not critically and it's fucking up our country (and the world).

      --
      Are agnostics skeptical of unicorns too?
    29. Re:banking by rhsanborn · · Score: 1

      Not entirely, because these assets will be purchased at greatly inflated values. This won't be a purchase of assets at market rates. The government will be putting a heavy markup on these things paying far more than they'd be worth if sold on the open market. This ends up as a net positive into the pockets of Wall Street and their holders.

    30. Re:banking by Bent+Mind · · Score: 1

      Socializing health care makes no sense as a trade off - we allow the government make life and death choices over us for a marginal increase of benefit to our pocket books.

      I realize this might be a stupid question. If the government program isn't offering the level of support you desire, what is stopping you from supplementing it with private insurance?

      As for the trade off, how about getting healthcare to people when they are younger (18 to 25) and their heath problems are less complicated. Maybe I'm unique. I had some minor health problems when I was younger. However, I couldn't afford to get it taken care of. I certainly couldn't afford health insurance. Now I'm older and the health problems, having been ignored when I was younger, are more complicated. I have insurance now. However, I really can't take the time off work to have surgery done, not to mention the pain involved, and insurance only covers a portion of it. If I'd been able to get it taken care of when I was younger, surgery wouldn't have been required.

      --
      Request a Linux Shockwave player here: http://www.macromedia.com/support/email/wishform/
    31. Re:banking by Zironic · · Score: 1

      You're aware that socialised healthcare doesn't have to make private healthcare illegal right?

      The general idea of socialised healthcare is that there will be a minimum amount of healthcare availbile for everyone and if that isn't enough for you then you can always pay more to get private healthcare, I fail to see the sacrifice of freedom,

    32. Re:banking by Vagnaard · · Score: 1

      Is propaghanda something that Gandhi said ?

      --
      He had a baseball bat, and I was tied to a chair. Pissing him off was the smart thing to do. - Max Payne
    33. Re:banking by Schadrach · · Score: 1

      OK, supposedly the reason the banks are in a bad position is because those who would be buying securities from them are averse to doing so because they are expecting massive foreclosures on the horizon. These foreclosures are occurring because people borrowed money they shouldn't have from banks who shouldn't have lent it.

      We have two suggestions on how to solve this:

      1. Government buys securities from banks, giving the banks a shot in the arm, and getting the "bad" securities out of the way so that investors will be more willing to purchase new ones.

      2. Government helps pay housing debt from individuals, preventing their foreclosure. Knowing that the foreclosure rate isn't going to spike up (because gov't is preventing exactly that), the securities start being purchased again (as they are no longer perceived to be a bad investment, since a massive foreclosure spike isn't on the horizon anymore).

      The difference is that a bunch of people get thrown out of their homes on option 1, and they likely have very different costs (not sure how different, offhand). It seems like either gets you to the same place in the end, however.

    34. Re:banking by Reziac · · Score: 1

      "Here's an idea, how about we disband corporations that break the law and sell off all their assets? Corporate death penalty."

      While I agree with you in principle -- what happens to the people whose jobs will then get downsized, as happens with every merger -- and face it, this is a forced merger (albeit perhaps of various parts rather than all at once). And what happens to consumers who can no longer buy the late company's desirable or even necessary products, or whose warranties no longer exist?

      And I can foresee this being abused as an exit-and-acquisition strategy: commit wrongdoings knowing that the feds will dismantle the company, then be "part of the solution" by being hired for big bucks by the acquiring company, while said acquiring company gets the assets for fire-sale prices. (I vaguely recall that something like this was indeed common practice in the past.) If current oversight isn't catching abuses, what makes you think future oversight will do better?

      So while I love your idea in principle, the problems such a solution can generate could be worse than the disease.

      --
      ~REZ~ #43301. Who'd fake being me anyway?
    35. Re:banking by Anonymous Coward · · Score: 0

      If someone isn't worthy of getting $35 Million a year, a company wouldn't give them $35 million a year. How would your "solution" be enforced if not by the government. The private sector sure as hell wouldn't implement it. If a company though that a CEO or whoever was not worth $35 million they wouldn't pay them that much. And what is this 20 year lockbox bullshit? I just love how people like you want to throw arbitrary (without any thought whatsoever, just anger) answers at a problem. Yeah lets punish all CEOs because all CEOs are bad and don't deserve the money a company is WILLING to pay them for their job. Now despite all this. If you threw in draconian measures like that who would be a CEO? The private sector are people after all and they are crafty and resourceful when it comes to wanting what they want will just make a CEO a hired contractor or find another loophole. Your suggestion is just bullshit.

    36. Re:banking by That's+Unpossible! · · Score: 1

      I am astonished that a country which refuses to pay for a national 'free at point of provision' health service, supported by taxes, yet they happily hand over the entire country's income tax to the banking system, and now 700 billion because they stayed greedy for a bit too long.

      Let me astonish you further by pointing out that many of us that don't support federal government based health-care ALSO don't support the federal government propping up banks.

      --
      Ironically, the word ironically is often used incorrectly.
    37. Re:banking by El+Yanqui · · Score: 1

      Not to get too far off topic here and I'm not supporting the banking bailout, but as an expat American who lives in the UK I've experienced both healthcare systems. I prefer the American one because shit gets done.

      And so this isn't completely a personal analogy, I work for pharmaceutical and healthcare companies here and the whole system is broken. Hence the neverending stories of postcode lotteries and politicians arguing over who will 'fix' the NHS. The American system isn't perfect but it's leaps and bounds ahead of this system.

      --
      Well, thanks to the Internet, I'm now bored with sex.
    38. Re:banking by zulux · · Score: 2, Insightful

      There's a huge loss of freedom if government controls healthcare.

      The freedom to chose alternate, or non mainstream healthcare.
      The freedom to not buy healthcare so that your children can afford get the best care possible.
      The freedom to chose your treatments.
      The freedom to *not* have healthcare.*
      The freedom to keep the fruits of your labor.
      The freedom to not be part of a insurance-lottery.*
      The freedom to care for yourself.

      * some religions proscribe these freedoms - Christian Scientists and the Amish respectively.

      --

      Moneyed corporations, non-working 'poor' and criminal prisoners are turning productive citizens into tax-slaves.

    39. Re:banking by spun · · Score: 1

      First issue: require companies buying up the assets to keep the personnel.
      Second Issue: If the products are profitable, the companies buying the assets will continue to produce them. Require them to honor warranties.
      Third issue: If you commit the wrongdoing, you go to jail, do not pass go, do not collect your golden parachute.

      So the only people harmed are the shareholders of the criminal corporation. If this happens often enough, you will see shareholders demanding accountability and lawful behavior from the boards they elect.

      --
      - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
    40. Re:banking by Miamicanes · · Score: 2, Insightful

      > There isn't anyone worth $35 million (or whatever it was) for 19 days of work.

      Weeeellllll... that's often (if not usually) true, but not *quite* 100%. People tend to forget that the most important job of a large corporation's CEO *ISN'T* running the company... it's finding people willing to lend large sums of money to the company, or buy lots of its stock (not just 100 shares). When a small business needs to buy a new computer, the owner probably puts it on a credit card he personally had to guarantee, or finances it through someone like Dell (also assuming a role as personal guarantor of the debt). Raising the funds to buy two hundred THOUSAND laptops or computers (or company cars, or square feet of floor tile, or just about *anything* for that matter) is several orders of magnitude more challenging. The CEO of McDonald's doesn't just walk into the bank's nearest branch to fill out a credit application for a $50 million loan... he has to personally go out and FIND people willing to invest the cash. Sometimes the role might be delegated to a Wall Street securities firm, but for really HUGE loans, the CEO better be pretty damn good at playing golf, and knowing how to tactfully let the prospective investor he's trying to woo win by a few strokes.

      Likewise, everyone likes to criticize "golden parachutes", but they have an important purpose, too. Think about it for a moment. If a company gets bought by another company, it's CEO is almost certainly going to be unemployed (or at least no longer CEO). It's not inconceivable that the best interests of the stockholders (who, through the President, hire the CEO to act in their best interests when managing the company) might collide with the personal best interests of the CEO (who, like anyone else, would probably prefer to remain employed as CEO rather than sign his own employment "death warrant"). During a prospective merger, NOBODY is in a better position to torpedo and sabotage it than the CEO. So... we have golden parachutes, made part of the CEO's employment contract to ensure that he'll walk away from a merger happy and satisfied, and will do everything he can to help facilitate such a merger. It's really not much different from "retention bonuses" offered to IT professionals when their positions are planned for elimination at some point in the future to encourage them to stick around until the end, instead of bolting for a new company at the first opportunity. Do some go overboard? Of course. But it's important to keep in mind that they DO have a purpose, and don't just exist to let wealthy CEOs live lives of luxury.

      As for CEO salaries... well... part of THAT is pure public relations. If you have $100 million to invest in a company, you're going to look for evidence that the company is doing well financially. Wal Mart can get away with the "po' country folk" act, because everyone on planet earth knows they're one of the world's most powerful retailers. JustAnother Co, Inc. doesn't quite have that option. Rhetoric aside, few big-time investors are genuinely impressed by threadbare & penny-pinching companies, because those type of companies might chug along for decades, but aren't likely to ever really strike it wildly rich. Big investors aren't interested in them. If they want safe, conservative investments, they'll buy more stock in Verizon, AT&T, Florida Power & Light, or some other utility that's practically a government-guaranteed investment with legislatively-mandated rate of return. The big investors are more interested in companies with a small risk of going broke, and a high chance of becoming wildly successful.

      So... getting back to the quote from the parent post... a CEO who does nothing but go to board meetings and leads the company to destruction is clearly not worth $35 million for ANY length of time. On the other hand, a CEO who uses those 19 days to raise $250 million in needed capital for the company by taking advantage of his personal connections is worth every penny of it, and more. Most of the REALLY egregious

    41. Re:banking by mcgrew · · Score: 1

      It looks like fear mongering on behalf of wall street is about to put 700 billion dollars into the pockets of the upper 1%

      There, fixed that for you.

    42. Re:banking by philspear · · Score: 1

      Clever, but you're still criticizing spelling. No points but you don't lose points either.

    43. Re:banking by Zironic · · Score: 1

      As I stated in my post, Goverment healthcare does not remove private healthcare.

      And some of your freedoms are rather silly, for example:
      "The freedom to keep the fruits of your labor." At no point in the history of mankind has this been true(Maybe in the cavemen days), there has always been someone around to take your stuff for "protection".

      As with most other things it's just a question of how much you're willing to pay and if you're willing to subsidize those poorer then you.

      I live in a country that's been socialized for almost 100 years (Sweden) and your list of freedoms look utterly silly compared to my lifetime of experience.

    44. Re:banking by modmans2ndcoming · · Score: 1

      If tehy don't, the money you have will be worthless.

    45. Re:banking by philspear · · Score: 1

      While every country has plenty of stupid people, I am starting to believe that my beloved America has more than most.

      Out of curiosity, do you live in the US? Being immersed on the stupidity of one country, it's easy to conclude that it's higher than another country you don't live in and don't see the crap on a day-to-day basis. Alternatively, if you do live in another country, it's hard to be sure you're actually seeing less stupidity, and not just seeing different stupidity that is novel and you haven't really equated. In other words, it's hard to measure either way. Fortunately, the results aren't really that important.

      When I was living in japan, I thought they were smarter initially, then once I got used to it, I realized that in at least Tokyo, they're at least as superficial as they are in New York, there's much more follow the leader blindly groupthink, and more fear of outsiders. I concluded that other people aren't smarter, they're just differently stupid.

      I don't think it was always this way but I think our education system has declined to the point that we're left with a bunch of thoughtless ADD'ers who can't think of anything but themselves.

      I've heard an idle hypothesis actually that only people with ADD would be crazy enough to make the voyage over to the new world, that people without ADD stayed in europe. Another impossible to prove hypothesis, but interesting nonetheless.

      Just ask some younger people anything about history, geography, and forget math... you might be surprised how little they know. Our schools don't teach kids how to think, at least not critically and it's fucking up our country (and the world).

      Well, japan has gotten in some international trouble lately for whitewashing of it's history. I've heard that british textbooks downplay the american involvement in WWII a suprising amount. And of course in much of the arab world, education consists of memorizing the Koran, and nothing else. So some perspective is important. We could do better, but we could do much much worse.

    46. Re:banking by Anonymous Coward · · Score: 0

      That also puzzles me. Why not, just to throw a wild idea out, take a portion of the bad dept on for the people who are getting kicked out. I mean like buy 1/2 or 2/3 of the dept from the citizens affected, so they aren't evicted.

      Surely that would work just as well.

      That's exactly what the $700 bill plan is for. The government will buy bad mortgages.

    47. Re:banking by modmans2ndcoming · · Score: 1

      We could try having a 2 year moratorium on forclosures and during that time, the loan terms are renegotiated so that there is equity being built and the payments can be made. THEN new securities are issued to the stake holders and losses taken on them can be written off double on their taxes.

    48. Re:banking by LunaticTippy · · Score: 2, Insightful

      Socializing health care makes no sense as a trade off - we allow the government make life and death choices over us for a marginal increase of benefit to our pocket books.

      Right now we allow private companies to make those same life-and-death choices, and they have upside-down incentives.

      Once you start collecting health problems you no longer have any choices for private insurance. If your insurance decides not to cover some necessary care there is no recourse. There is no way to shop for insurance since you don't know if various insurers will cover it if and when you need it.

      It seems crazy to me that I have paid into the private healthcare system for 30 years without getting much of anything back and it can all be taken away from me if there is a lapse in coverage, a mistake on an application, or the insurer just decides that my particular problem is not covered.

      --
      Man, you really need that seminar!
    49. Re:banking by modmans2ndcoming · · Score: 1

      You are aware that the UK system is not the direction that the American plans are looking to go right?

      All American plans for healthcare start with the idea that providers of services will be privat entities. The part where healthcare is provided is by paying for the care like a giant insurence pool for a certain level of care, usualy wellness care and very expensivecare like organ transplants, cronic illness, etc. For the rest, you can get Gap insurence which is a lot cheaper than comprehensive insurence.

      You maintain teh point of service efficency while not causing people to go bankrupt and covering everyone for the most important care.

      The AMA has a very good plan on its site as well.

    50. Re:banking by robertjw · · Score: 3, Insightful
      The real problem here was the burst in the bubble of real estate prices. I thought (not completely sure of this) that we were likely through the worst of the foreclosures. Of course, this may depend on the economy. Problem is, home prices have dropped and many people owe more on their home than it is currently worth. This makes these mortgage notes extremely high risk. Forclosures aren't really a problem if the property values match up with the mortgages. This is why, traditionally, you had to have a certain percentage downpayment on a house. The mortgage companies have looked the other way on some of this, and now are looking at owning a bunch of overpriced houses.

      It is unclear to me if helping pay housing debt will fix the problem, and it would be incredibly expensive to give everyone in the country who is (currently) upside down in their mortgage enough money to make the notes they hold worth something - more expensive than helping the banks out.

      We have two suggestions on how to solve this:

      1. Government buys securities from banks, giving the banks a shot in the arm, and getting the "bad" securities out of the way so that investors will be more willing to purchase new ones.

      2. Government helps pay housing debt from individuals, preventing their foreclosure. Knowing that the foreclosure rate isn't going to spike up (because gov't is preventing exactly that), the securities start being purchased again (as they are no longer perceived to be a bad investment, since a massive foreclosure spike isn't on the horizon anymore). The difference is that a bunch of people get thrown out of their homes on option 1, and they likely have very different costs (not sure how different, offhand). It seems like either gets you to the same place in the end, however.

      No, the difference here, is that in solution 1 banks and other financial institutions that have made bad decisions get a pass. This is only acceptable because a failing bank, insurance company, brokerage firm, etc... impacts EVERYONE. This staves off another great depression.

      Solution 2 results in a bunch of individuals who made bad decisions getting a pass, plus a lot of profiteers jumping on the bandwagon (heck, if they passed something like this I might get real delinquent on my mortgage really fast). IMHO if you made a bad decision you should get thrown out of your home. One of my pet peeves in this whole situation is the 'thrown out of your home' argument. MOST people who are in trouble have only owned their home a few years. It's not like this property has been in the family for generations and now they are losing it. It's not like the kids grew up there. They purchased a home on a bad loan, couldn't afford it, and will have to move out. Most of them have no equity in the home (otherwise we wouldn't have a problem), so if the lender allows them to make a short sale, they really aren't out too much. It's not like we are going to have millions of people living under bridges - they just won't OWN their house anymore.

    51. Re:banking by zulux · · Score: 0, Flamebait

      Some of our freedom is silly - to *you*

      A lot of the braver Swedes have chosen otherwise and immigrated to the USA - what's left is decaying civilization that can can't maintain it's own population and is becoming a breading ground for non-integrating Muslims.

      Hopefully your culture will snap out of it's malaise - and change back the proud and bold people you once were.

      --

      Moneyed corporations, non-working 'poor' and criminal prisoners are turning productive citizens into tax-slaves.

    52. Re:banking by Lincolnshire+Poacher · · Score: 2, Insightful

      > If a company though that a CEO or whoever was not worth $35 million they wouldn't pay them that much.

      Nonsense! The company doesn't set the CEO remuneration, the Board does.

      Every year I and 30,000 other shareholders vote against the remuneration package of my mortgagee and every year we are defeated by the Board's one million nominal votes. ONE MILLION.

      Why? Because members of the Board are themselves CEOs and Directors in other companies...

    53. Re:banking by Reziac · · Score: 1

      I hope it would work that way, but given human nature when it finds itself at the top and/or threatened, I have small faith. :(

      Also, I think you'd find few buyers for the assets if they were forced to keep what are now to them surplus personnel (just as you don't find mergers where everyone gets to keep their jobs). And we'd wind up with a bunch of gov't-owned businesses, paid for and continuing to be financed with tax dollars, while losing money in the usual way for govt-run "business".

      --
      ~REZ~ #43301. Who'd fake being me anyway?
    54. Re:banking by rhsanborn · · Score: 1

      I fear that you are correct.

    55. Re:banking by Zironic · · Score: 1

      I didn't mean freedom in general, just your list.

      >The freedom to chose alternate, or non mainstream healthcare.
      This remainds exactly the same with or without socialized medicine

      >The freedom to not buy healthcare so that your children can afford get the best care possible.
      I don't even get what you mean here

      >The freedom to chose your treatments.
      You can choose your treatments when the goverments pays aswell

      >The freedom to *not* have healthcare.*
      The police is not going to force you into the hospital

      >The freedom to keep the fruits of your labor.
      Tax isn't a new concept

      >The freedom to not be part of a insurance-lottery.*
      I'm not sure what you mean here either

      >The freedom to care for yourself.
      I don't see how this is lost

    56. Re:banking by ahabswhale · · Score: 1

      Yes, I live in the US but I've traveled to many countries. I understand what you're saying about how being immersed in it on a day to day basis could color my opinion. However, I spent six months in England so it's safe to say I was fairly immersed there too. I met plenty of idiots in England but I feel that we're beating them on quantity and possibly the quality of their idiots too.

      I can't speak for Japan since I've never even been there but, as I understand it, their xenophobic tendencies are less about stupidity and more about racism and cultural programming. Group-think occurs in every country. The average American thinks they live in the greatest country in the world but most of them couldn't valid arguments why. Most have very little experience in other countries to make such an assertion but brainwashing has managed to convince everyone it's true.

      re:ADD
      I find it extremely hard to believe that ADD had anything whatsoever to do with making a voyage to the new world. There are people who have a natural need to explore and learn new things and they are more likely to be adrenalin junkies than ADD'ers (although, those conditions aren't necessarily mutually exclusive).

      --
      Are agnostics skeptical of unicorns too?
    57. Re:banking by californication · · Score: 0

      "Solution 2 results in a bunch of individuals who made bad decisions getting a pass, plus a lot of profiteers jumping on the bandwagon"

      You don't think the people in these banks are going to find a way to profit from this bail-out, even if they're not hurting that much?

      "IMHO if you made a bad decision you should get thrown out of your home."

      So its ok to let people get thrown out of their homes enmasse but not ok to let businesses collapse? Maybe some of these banks need to burn so that new ones can be created and so that this whole mess is less likely to happen again.

      Maybe if we helped people pay their mortgages, the banks would feel more confident about buying/selling these securities since their risk is reduced. Then we could force the banks to renegotiate the terms of the mortgages to a more reasonable rate and/or term, so that the borrowers can pay it without assistance. The banks eat a loss because the interest is lower but so to the borrowers because their house has dropped in value.

      I just feel that when it comes to bailing out a bank that's trying to make money off of investments or bailing out a taxpayer who's just trying to own a home, I sympathize more with the taxpayer because home ownership is a cornerstone of the American dream. Plus, if you give the money to the borrower in the form of mortgage assistance it's going to go to the bank anyways, right? It's just in that case, the borrower has a much better chance of keeping their home.

    58. Re:banking by rkanodia · · Score: 1

      No, the government will buy mortgage-backed securities. This means the banks who are stuck holding these 'junk' securities get a bailout. The individual mortgage holders are still boned.

    59. Re:banking by hob42 · · Score: 2, Insightful

      Yeah, we should stand up and be proud and bold like we used to be. Let's stard by abolishing the FDA and CDC and disbanding every state medical and nursing board. We'll have so much freedom we won't know what to do with ourselves!

      Your argument might have made sense, oh, about 100 years ago. But we've had government regulated healthcare in this country of ours for quite some time already. Most current proposals are either a federal safety-net for those who don't have access to insurance, or basic universal insurance that can be supplemented with private insurance options. Yeah, I can see arguing these might affect your taxes, but not the rest of your so-called freedoms on that list.

    60. Re:banking by Actually,+I+do+RTFA · · Score: 1

      You're two astrisked things are totally offbase. Universal healthcare does not imply you have to take advantage of it. And insurance is not gambling. It's removing risk. The difference is that in gambling you take a known outcome (dollar in your pocket) and replace it with an unknown outcome (2 dollars or zero dollars in your pocket). With insurance, you take an unknown outcome and replace it with a known. This can be thought of as either money in your pocket (reversed from my gambling example) or replacing a huge bad to one unknown person with a small bad to every person.

      Keep the fruits and not buy healthcare are the asame. So are Choose treatments, and choose alternate treatments. Neither of which would be any worse than under an HMO. So in the later two arguments, really your only point is that the currently uninsured would have more options, but that would cost money. But I'm willing to bet that the currently uninsured are the ones who won't have to pay, so they will have more options.

      And people who ned to choose whether to have healthcare for themselves or their children also fall into that category.

      So all you're left with is a "my money is mine" argument. Which is a popular argument I admit, but far less insightful than your mods imply.

      Instead, it seems to me to be kinda cheap and petty. When people are dying, I would say that those with the ability to help are morally required to.

      --
      Your ad here. Ask me how!
    61. Re:banking by genner · · Score: 1

      Hmm, then how come countries with socialized medicine (ALL the rest of the first world, mind you) have longer life expectancies, lower infant death rates, and are simply better by any reasonable measure of health care bang for the buck? If you think you have any sort of meaningful freedom as it relates to health care now, you are delusional. The HMOs and insurance companies make the rules, and unless you are willing to spend a king's ransom on a decent plan, or and emperor's ransom to pay for it all yourself, you are at their mercy.

      Why do you let corporations, which you have no control over, have control over every important aspect of your life, and call it freedom? Why is it bad when the government does it, but good when corporations do?

      Because I can always change HMO's.
      Changeing goverments is a bit harder.

    62. Re:banking by zulux · · Score: 1

      >>. Let's stard by abolishing the FDA and CDC and disbanding every state medical and nursing board.

      Nice strawman argument.

      The FDA and DCD is fine because the tradeoff for a little bit of freedom for a lot of security is appropriate and is a good bargain.

      Socializing healthcare is not a good bargain - it's a toss up at best and a slide to entitlement at worst.

      --

      Moneyed corporations, non-working 'poor' and criminal prisoners are turning productive citizens into tax-slaves.

    63. Re:banking by pete-classic · · Score: 1

      I mean like buy 1/2 or 2/3 of the dept from the citizens affected, so they aren't evicted.

      Maybe I'm just hopelessly capitalistic, but why on Earth would anyone choose to pay their whole mortgage if they had the equal option of only paying half (or a third!)? Why should I have to pay half of someone's mortgage while I choose to rent out of fear that I might not be able to meet a mortgage? Who does this benefit, other than the financially irresponsible?

      And to be clear, I'm against a bailout. Don't we allow financiers to charge interest, in part, because they are taking on the risk of bad debt? Why should they be able to keep the good paper, and then sell the bad paper to the taxpayer?

      It's all hopelessly absurd. I wonder who Congress thinks is going to bail them out when those bills come due. We're fucked.

      -Peter

    64. Re:banking by zulux · · Score: 1

      I'll answer a few of them because you're sincere:

      >>The freedom to chose alternate, or non mainstream healthcare.

      Do you think that chinese herbal medicine will be covered? Not a chance. Remember, you can't just tell people to buy it - they won't be able to afford it because they're already paying for the socialized medicine and are much poorer than they would be.

      >>The freedom to not buy healthcare so that your children can afford get the best care possible.

      Some people make individual sacrifices so that their children can have a better life. Some people will choose to eschew costly medical treatments so that their children can go to collage.

      >The freedom to not be part of a insurance-lottery.

      With any insurance scheme, some people pull out more in coverage than they put it. Rather like gambling where you put in a small amount of money and hope for a large return. Some religions have very strict prohibitions against gambling and don't allow for their members to have insurance. The Amish have an exemption to our Social Security scheme for example.

      --

      Moneyed corporations, non-working 'poor' and criminal prisoners are turning productive citizens into tax-slaves.

    65. Re:banking by Rakishi · · Score: 1

      No it's being used to keep the whole economy from imploding even further which would cause a lot more problems than a bunch of idiots losing their houses. The main difference is that I will benefit from a non-disintegrating economy but won't benefit from those idiots getting a free ride.

    66. Re:banking by SchmellsAngel · · Score: 1

      A Democrat is a Democrat for life.

      How old are you? PAGING DOCTOR MEMORY...

      LBJ signed the Civil Rights Act with a shaky pen, because he knew the southern wing of the Democratic party would bolt to the Republican party (because they told him so). This would be a much sadder country if he had put party unity ahead of trying to fix race relations.

      You kids with your podcasts. Don't remember race riots in the streets and little girls in church getting blown up.

      Fast forward 15 years and there are gas lines, 18% interest and US manufacturing is beginning the long slow slide. 400 Americans have been held prisoner in Iran for a year so far and Jimmy's not getting anywhere not negotiating with the terrorists. I'm graduating from high school and getting ready to vote for the first time. I register Democratic but eventually pull the lever (yes, a lever) for Ronnie who is at that moment secretly wrapping up his deal with the mullahs. 1 day after the inauguration, the prisoners are freed. Took a long time for the truth to come out on how that was arranged.

      Lots of Democrats went Republican for that election and stayed there. Maybe you were talking about those Republicans. Some went back, like me. People change, times change.

      --
      We must repeat.
    67. Re:banking by Zironic · · Score: 1

      1.1 There is no proof that "alternative" medicine works, which is why it's called alternative
      1.2 The general idea is that the rich will subsidize the poor, the poor shouldn't get much poorer

      2.1 When the treatment is free you can both get the treatment and send your children to collage
      2.2 in more social contries like sweden collage is free

      3. Insurance is the opposite of a lottery, it's really the ones without insurance that are gambling with the people with insurance is doing the sure thing.

    68. Re:banking by pete-classic · · Score: 2, Interesting

      It's people like you, who think you're smart enough to engineer a solution to every problem, who got us into this mess.

      Nobody is that smart. Nobody should have the power to manipulate the variables by fiat. Nobody should have the power to tell people what to do with their own company, their own money, their own property, their own skills, labor, or body. Nobody .

      Anyone who implies that he or she is that smart is full of shit no matter what letters they have after their names. (D), (R), and PhD included.

      Now, I'm not an anarchist. I think that we should band together and form governments to stop people from victimizing each other. But that's it. That's the good idea that has gone so horribly wrong all over the world.

      -Peter

    69. Re:banking by Archangel+Michael · · Score: 1

      There is plenty of oversight and short sighted overlooking.

      Oversight is what Board of Directors are for. They are the ones directly responsible for the various companies. THAT is their job. If a corporation is WILLFULLY committing fraud, they should be tossed in jail, and all their assets they have seized.

      Look, there is plenty of blame to go around. Both (D) and (R) are to blame, neither side has clean hands. Only those that are blind can't see it. Greed of Wall Street, Greed in DC. There was even plenty of Greed on Main street. How many of you all played in the real estate market when it was hot? You are just as much to blame as anyone else!

      Now everyone has to pay for this, including people like me, and I'm PISSED. I play by the rules of common sense, and I get screwed every time for it. I don't go into debt to buy things I cannot afford. I don't have brand new car every 3.5 years. I don't trade up my house every seven years. I don't take out HELOCs to cover my ass when shit hits the fan.

      I don't want to pay for everyone elses mistakes anymore!

      --
      Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
    70. Re:banking by SchmellsAngel · · Score: 1


      I have worked in government with regulators, and have to challenge your statements that they are poorly informed on the issues at hand. Some are, but most are reasonably well informed. One can say the same of the business class, who by the way when hired are not as tightly regulated regarding qualifications, nepotism, or all kinds of discrimination.

      Congress (or other legislative bodies) play a minor role in creating and enforcing regulations. Laws are what they do. Regulations are created and enforced (or not) by the executive branch, with some rare exceptions.

      Reaping that whirlwind yet?

      --
      We must repeat.
    71. Re:banking by spun · · Score: 1

      Really? You can change HMOs if you have a pre-existing condition? At any time of year, without cost? I'd say changing government is far easier, and there is even less difference between HMOs than there is between parties. "Would you like to get screwed, or screwed? You could always go with screwed, I hear that's nice." HMOs exist to profit off of you, not keep you healthy, and for most people there is very little choice. Not exactly what I would call a free market, but maybe to you, six or eight entrenched players is all the freedom you need?

      --
      - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
    72. Re:banking by SchmellsAngel · · Score: 1

      Pray you, your significant other or your child never develops a medical illness that will be considered a pre-existing condition by the insurance companies (or any kind of mental illness, but that is a different discussion altogether). Many people with those conditions find it rather expensive, or completely impossible, to change insurers. Fortunately, most (all?) (US) states provide last-resort health insurance for the otherwise uninsurable. Price it sometime, I dare ya. The premiums would be a lot less if the relatively healthy were included in the risk pool. Which of course is why the publically traded HMOs and other insurance businesses do their best to exclude sick people for their risk pools.

      --
      We must repeat.
    73. Re:banking by spun · · Score: 1

      I should absolutely have the right to tell people what to do, in one specific way: I can tell them they don't have the right to screw with me. As you say, we have the right to band together to protect ourselves from the wolves. And the wolves these days are all on Wall Street, not in government. Government is the lesser of two evils.

      Your ownership of property does not give you the right to pollute it. Your skills don't give you the right to steal from me. Your company does not give you the right to screw people over economically. Your money doesn't give you the right to take away my livelihood so that you can make more money. Your body does not give you the right to smack me in the face. That's what we call society. Get it?

      Oh, and where do you get the idea I think I'm smart enough to engineer solutions to all problems? Don't you think that's heaping on then hyperbole a little thick?

      --
      - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
    74. Re:banking by kd5zex · · Score: 1

      1.1 "Real" medicine does not work 100% of the time, and you still have to pay even for a failed treatment or procedure.

      1.2 It may not be the most worldly or compassionate view but a good amount of the poor are poor because they choose to be, and by subsidizing them you create an endless cycle. I want to be rich one day, if I feel like giving my money to someone I should be able to do so but I should not be threatened into doing so.

      2.2 You should witness our "free" public school system currently in place, you will understand why some Americans would be unsupportive of free higher education.

      3. I totally disagree with this point, it is exactly like a lottery or a casino game. If you have insurance you are gambling that you do get sick and insurance picks up the remainder. Not carrying insurance is gambling that you will not get ill. Having health insurance is the responsible thing to do today in the USA. That being said, there are programs in most hospitals which drastically reduce or eliminate the bill provided you meet certain financial requirements (read, "poor"), so things are not completely hopeless for the "poor" as some would lead you to believe. Then again, there are people who go to hospitals and doctors with no intention to pay them a dime which does not help matters.

    75. Re:banking by jcnnghm · · Score: 1

      I'm glad you posted this. There are reasons that people do the things that they do.

      The other side of the golden parachute story is that occasionally CEOs with golden parachutes aren't brought in for the long term, but to act as a change agent to modify a distressed company based on their passed performance doing similar work. This is particularly true in the case of mergers or hostile takeovers, where the board will decide that it intends to merge, and will bring in a CEO specifically to facilitate the negotiation and aftermath. The CEO can take the majority of the heat for the layoffs that will be necessary to eliminate the redundant positions, and the profit loss caused by the expense of all the ensuing change. The golden parachute is necessary because there are a dearth of available positions that the CEO could potentially fill, and they will likely be unemployed for quite some time after the merger. That's one of the reasons the compensation package is generally close to 3 years salary.

      --
      You don't make the poor richer by making the rich poorer. - Winston Churchill
    76. Re:banking by kd5zex · · Score: 1

      It seems crazy to me that I have paid into the private healthcare system for 30 years without getting much of anything back and it can all be taken away from me if there is a lapse in coverage, a mistake on an application, or the insurer just decides that my particular problem is not covered.

      Do you honestly think the same thing wouldn't happen under a government system. I know I have read an article or two about people being denied health care in the UK for one reason or another.

    77. Re:banking by Anonymous Coward · · Score: 0

      Nah its too much for some people to be accountable for their own ignorance. Alot (not all of course) will get what they deserve. The irrresponsibles fatcats should be hanged. What's the most sad is the impact its gonna have on the poor chap who, sooner or later is gonna loose is job because of this. This guys won't loose his house (hell he's renting!) but won't be able to reloacate that easily once the recession hit us full force.

    78. Re:banking by T.E.D. · · Score: 2, Insightful

      If everyone involved was being "foolish" on a massive scale, perhaps we should look at the possibility that the rules (or lack therof) of the game they were playing was encouraging foolish behavior, no?

      The real root cause of all this was the blind rush to deregulation that congress has engaged in over the last 30 years. A game with no rules isn't any fun for anyone.

    79. Re:banking by LunaticTippy · · Score: 1

      That's exactly my point. If some faceless bureaucracy is likely to deny my care why am I paying more than anyone else on this planet for health care? Why pay extra for imaginary freedom? I want to pay less. Crap healthcare shouldn't cost so much.

      People have this idea that US healthcare is great, that US healthcare gives you choices, that US healthcare is a good value. Those are all demonstrably false. We pay the most, get mediocre results, and God help you if the insurance companies decide you aren't covered.

      I'm still OK personally since I have no chronic conditions, but several of my friends and millions of Americans have been hit with crippling uncovered charges. You can't even declare bankruptcy to get out of it. Unbelievable. I tell you, I am not looking forward to declining health as I age. Here's hoping I get instantly killed in an accident or drop dead in my sleep suddenly.

      --
      Man, you really need that seminar!
    80. Re:banking by HTH+NE1 · · Score: 1

      Oh boy! Absolutes! I love playing this game!

      Nobody is that smart. Nobody should have the power to manipulate the variables by fiat. Nobody should have the power to tell people what to do with their own company, their own money, their own property, their own skills, labor, or body. Nobody .

      Not even the owner of same?

      No wonder we're so slothful.

      ("Nobody" means nobody. "Nobody else" means something else.)

      --
      Oh, say does that Star-Spangled Banner entwine / The myrtle of Venus with Bacchus's vine?
    81. Re:banking by pete-classic · · Score: 1

      My point was that I see you (fairly or unfairly) as representing the mindset that if we just give the right guys the power they can regulate us into Utopia.

      It was your reaction to the astute criticism of your original suggestion. Reconsider? No! If tinkering with people's lives and livelihoods causes misery surely more tinkering will ameliorate it!

      I don't understand the purpose of your second paragraph, since it makes exactly the point I was making about the limits of my thesis. I mean, I guess I'm glad we agree so strongly. High five!

      In any case, maybe I have you pegged all wrong. But I am convinced that life is hard, and people get hurt, and bad things happen. I am steadfastly of the opinion that concentrating power to a centralized cabal of elite and allowing them to tax and tinker and put the economy on little strings is not a solution to this sort of problem.

      But what do I know? I'm no smarter than those assholes!

      By the way, I take the position that corporations can't break the law. Corporations are a bunch of people who own a bunch of pieces of paper. If I were the Emperor of America I'd take the executives that broke the law, fine them to a degree commensurate with the damage they caused, and jail them for their actions. But that can't happen so long as we have a government made up of the social elite. Clearly the answer is we just need to make the right guy Emperor . . . and the right guy just happens to be me!

      -Peter

       

    82. Re:banking by pete-classic · · Score: 1

      Really, dude? Are you a FORTRAN compiler? A lawyer? Or a human being?

      I think it's perfectly clear to anyone who wants to understand me that I mean not one single person should have the power to manipulate the economy by fiat, and that no one except the rightful owner (under the theory that there is a right to property, firstly one's self, etc. etc.) what to do with the other things I mentioned.

      Frankly, I don't walk around telling myself what to do. "Oh, perhaps I will use the knowledge in my brain to cause my hands to do useful labor!"

      If I ever reuse the post I will make it "tell other" people, so as not to confuse other androids and half-wits. Or lawyers.

      -Peter

    83. Re:banking by dbIII · · Score: 2, Interesting
      Apparently because the system could get into such a screwed up state that the bank that holds your mortgage has a chance of going under too. It looks like the proposed solution however is to go for a fast "shotgun' approach after a decade of ignoring the looming problem. This has bizzare effects such as an Australian Bank that is actually doing quite well now is likely to get some of your money due to a minor amount of dabbling in the dodgier bits of the US financial sector. I'm expecting to see a lot of corruption and other crime spring out of this since there will be a call to do it all quickly without any checks and balances - money will just vanish into pockets like a lot of the Iraq reconstruction money.

      Look at Argentina to see what would happen with a few more years of incompetants that can't keep the theives under control.

    84. Re:banking by lannocc · · Score: 1

      It sounds to me like the mere idea of buying a house on credit is the problem. If we can assume most people need to live in a house then why aren't they more affordable so a person could actually save up for a time and then buy it? Letting banks essentially control the housing market via credit is a bad, bad idea and will leave us all as lifetime slaves to the fat-cats.

    85. Re:banking by Mr2001 · · Score: 1

      Actually, his point has nothing to do with emotions.

      Many people do, in fact, put off going to the doctor because they're worried about the cost. By the time the problem has gotten serious enough that they're willing to go in, it has often progressed to the point where it's more expensive to treat and/or less likely to be treatable.

      That's one reason why high US health care costs don't lead to better patient outcomes: the structure of our system discourages prevention and early diagnosis. Even when you have insurance, many insurers hesitate to pay for preventive treatments because there's a good chance you'll have moved on to another insurer by the time it pays off.

      --
      Visual IRC: Fast. Powerful. Free.
    86. Re:banking by HTH+NE1 · · Score: 1

      Really, dude?

      No, I was being funny. Please don't cut off my hand.

      --
      Oh, say does that Star-Spangled Banner entwine / The myrtle of Venus with Bacchus's vine?
    87. Re:banking by robertjw · · Score: 1

      It sounds to me like the mere idea of buying a house on credit is the problem. If we can assume most people need to live in a house then why aren't they more affordable so a person could actually save up for a time and then buy it? Letting banks essentially control the housing market via credit is a bad, bad idea and will leave us all as lifetime slaves to the fat-cats.

      To an extent it is. Part of the housing bubble was undoubtably created by the easy access to credit and low interest rates. There is a certain amount any given individual or family can spend on a monthly house payment. Lowering interest rate allows for higher sales prices and keeping the same monthly payment.

      Realistically though, buying a home on credit isn't an unreasonable practice. A house has inherent material and labor costs, so the cost's can't be lowered significantly. Raw property costs are somewhat variable, but construction costs are pretty linear. I would guess there are a large number of homes in the US right now that are actually valued at less than what it cost to build them.

      The system actually works fairly well as long as you don't have people either buying more house can they afford, or taking equity out of their home in a heloc and spending it on something frivolous. Traditionally it has been the responsibility of the banker to make sure these things don't happen. They have fallen down on the job, and now we are going to bail them out.

    88. Re:banking by Anonymous Coward · · Score: 0

      Nobody should have the power to tell people what to do with their own company, their own money, their own property, their own skills, labor, or body. Nobody.

      Ayn, is that you? Thank you for saving everyone the trouble of reading Atlas Shrugged.

    89. Re:banking by rohan972 · · Score: 1

      First issue [what happens to the people whose jobs will then get downsized]: require companies buying up the assets to keep the personnel.

      or confiscate the assets of the guilty parties or company for a reasonable redundancy payout, either as part of the criminal proceedings or through civil suits.

    90. Re:banking by bitrex · · Score: 1

      Now, I'm not an anarchist. I think that we should band together and form governments to stop people from victimizing each other. But that's it. That's the good idea that has gone so horribly wrong all over the world.

      -Peter

      But for governments to effectively prevent citizens from victimizing each other, they must exercise control over people's companies, money, property, skills, labor, and bodies; which you previously declared as inviolable.

    91. Re:banking by rhsanborn · · Score: 1

      Just regulation won't solve the problem. The whole idea of fannie and freddie and the push to put everyone in a house drove a significant portion of this problem. It was a government mandate to put people who couldn't afford houses into houses.

    92. Re:banking by rohan972 · · Score: 1

      1.1 There is no proof that "alternative" medicine works, which is why it's called alternative

      Some people might want to pay for something unproven rather than something proven. That probably seems unreasonable to you, but there's this concept called "liberty" you see, and .... oh nevermind, anyone who sees proof as justification for compulsion probably wouldn't get it.

      1.2 The general idea is that the rich will subsidize the poor, the poor shouldn't get much poorer

      +5 funny

      2.1 When the treatment is free you can both get the treatment and send your children to collage
      2.2 in more social contries like sweden collage is free

      The treatment/college is not free. It gets paid for by the government with your money. Whether this is a good idea or not is hotly debated, but it is definitely not free.

    93. Re:banking by Ritchie70 · · Score: 1

      I, for one, am ticked about the entire bail-out thing.

      However, why, exactly, should the US government take on the debt of people who took out foolish loans, allowing them to keep their houses?

      I have a loan on my house that I'm reliably paying, because I took a loan on that I can actually afford to pay. The bank said we could borrow a LOT more money. We said no.

      The people who didn't say no, who didn't understand their loan, who didn't understand their own finances, who didn't understand that paying 80% of their income toward housing was a BAD idea, deserve to lose their houses, and the banks that gave them that money deserve to have the loan defaulted on.

      If you're going to pay off 1/3 of people's home loans, where's my $100,000?

      --
      The preferred solution is to not have a problem.
    94. Re:banking by Hemogoblin · · Score: 1

      ... and to back up your point, here is an Economist article which explains it nicely.

    95. Re:banking by slashtivus · · Score: 1
      Agreed. The so called 'home owners' are not actually owners. They are home 'borrowers'. It was never really their house to begin with.

      Housing should get back to a reasonable level where 2 people earning an honest income should be able to get into a starter home. And NO, $300,000 for a shoe-box with a leaky roof is not a starter home.

    96. Re:banking by robertjw · · Score: 1

      Housing should get back to a reasonable level where 2 people earning an honest income should be able to get into a starter home. And NO, $300,000 for a shoe-box with a leaky roof is not a starter home.

      I have a different view than most. I live in Colorado, and I bought my home in 01 for about 145K. At it's peak, it only hit about 175K. Now it's back down some, but things never got crazy here like they did everywhere else. In fact, I think most prices here have been pretty stagnant for the last 3 or 4 years. My home is reasonable sized, three bedrooms, two car garage, definitely not a shoebox. I know some of you have been dealing with some insane real estate markets the last couple of years,

    97. Re:banking by techno-vampire · · Score: 1
      a country which refuses to pay for a national 'free at point of provision' health service, supported by taxes,

      But the US does have that, paid for by the US government. I know, because I use it for my medical care. It's called "Veteran's Benefits." If you want that type of care for the rest of your life, you can get it the same way I did: serve in the US military. (US Navy in my case. '69-'73.)

      --
      Good, inexpensive web hosting
    98. Re:banking by michaelmuffin · · Score: 1

      There's a huge loss of freedom if government controls healthcare.

      nice straw man argument. there is nothing inherent in a socialised health care system that prohibits a private health care industry from coexisting alongside it

    99. Re:banking by rohan972 · · Score: 1

      The real root cause of all this was the blind rush to deregulation that congress has engaged in over the last 30 years.

      Nonsense, the root cause is the creation of money supply backed only by the debtors promise to pay, ie: fractional reserve lending, meaning that most of the money supply is based on promised future production rather than existing saleable goods. When, for whatever reason, people fail to pay that debt the money supply and the economy that depends on it crash.

      If lending money that doesn't exist was prosecuted as fraud the current economic crisis would be impossible.

    100. Re:banking by thermian · · Score: 1

      A lot of people seem to have missed the point. I said buy 2/3 to 1/2 of the house, so the govt, and therefore you, would own that much of the property, and therefore get 2/3 to 1/2 of the profit on sale of the house.

      I would be against just giving people the cash for nothing, what I mean is reduce their debt by sharing ownership. If house prices increased sufficiently a lot of money could be made.

      As it is though, lots of banks will get fat off taxpayers money and you will see no return, ever.

      --
      A learning experience is one of those things that say, 'You know that thing you just did? Don't do that.' - D. Adams
    101. Re:banking by Anonymous Coward · · Score: 0

      yet they happily hand over the entire country's income tax to the banking system, and now 700 billion because they stayed greedy for a bit too long.

      i'll bet you just can't wait until we export this aspect of american democracy?

    102. Re:banking by Anonymous Coward · · Score: 0

      Why stop there? Use my money to pay people's rent, utilities, etc.

      what do you think the financial CEOs are going to do with their multi-million dollar salaries financed by this bailout?

      they will pay their million dollar mortgages and pay someone else to pay their utilities for them.

      you've just gotten the point as to why fear was used to promote this bail out.

    103. Re:banking by Anonymous Coward · · Score: 0

      Who dey think gonna beat dem Bengals?

      Nobody!

      http://en.wikipedia.org/wiki/Who_Dey

    104. Re:banking by borizz · · Score: 1

      No, it's not. You think the CDC and the FDA are a good tradeoff. Someone might disagree. The point is, where do you paint the line? What is the setting on the slide between absolute freedom and absolute socialism that yields the most healthy population.

    105. Re:banking by pete-classic · · Score: 1

      Oh! I love this game!

      You were trying to be funny!

      But seriously, there are so many thick people out there (and they are so fucking frustrating) I don't really see the comedic value in pretending to be one.

      I hope you gave yourself a nice chuckle. I certainly enjoyed lashing out at you. I guess we both win!

      -Peter

    106. Re:banking by slashtivus · · Score: 1

      That is very reasonable, and I would love to have something like that. Good for you. Here in Portland everyone thinks their houses are worth more than 6x the median household salary. PDX is also one of the cheapest places to live on the west coast.

    107. Re:banking by SMacD · · Score: 1

      Check your math. 75 billion dollars / 350 million people = about $215 per person assuming households, lets assume that there are about 100 million in the country: 75 billion dollars / 100 million households = $750 Hardly "$100k per household". Stop drinking the KoolAid. dumbass.

    108. Re:banking by Knara · · Score: 1

      Because it applies to that specific group? Why would I bring a group of other people into the conversation who are not involved with said topic?

    109. Re:banking by rhsanborn · · Score: 1
      Perhaps a closer reading of what I wrote is in order.

      It's been mentioned that for about 75 Billion the US Gov could give 100k to each of the households currently in foreclosure

      I indicated that I was referring to the number of houses in foreclosure. If we take a quick look at this we see that it was estimated that "As many as 750,000 homes will go into foreclosure this year". Multiply that by 100k, and...whiz bang, doesn't that work out nice?

      And spare me arguments about fairness, or efficacy of such a plan. It was an exercise in examining the magnitude of the bailout and reference for what it was supposed to do. If you read further in my comment (I feel I need to remind you to do this since it's apparent that you didn't read it the first time) you'll notice that I don't advocate either of those "options".

    110. Re:banking by cduffy · · Score: 1

      It was a government mandate to put people who couldn't afford houses into houses.

      You mean a government mandate to give mortgages at the same rates to people who met the same criteria, thereby preventing discrimination which was previously rampant.

      That's a perfectly fine idea; that the banks failed to implement it correctly (by beefing up and enforcing their lending criteria) by no means makes this a failure caused by excessive government regulation.

    111. Re:banking by rhsanborn · · Score: 1

      As recently as 2004, the government gave Fannie Mac a mandate to increase the number of "affordable" loans they carry. This was to encourage an increase in low-income and minority home ownership. A noble intent. Unfortunately, here is another way to say it. The government gave Fannie Mac a mandate to increase the number of SUBPRIME loans they carry. The government mandated that these two enormous institutions create a large market for these loans. The very same loans that are being defaulted on today.

    112. Re:banking by cduffy · · Score: 1

      That's part of the problem, sure, but certainly not anything close to the whole picture.

      If the financial industry had used more responsible risk models which recognized the inherent risk of unestablished derivatives, we wouldn't be where we are.

      If the financial industry hadn't tried to get as much leverage as it possibly could, and thus (while maximizing sunny-day profits) multiplied its vulnerability, we wouldn't be where we are.

      If the financial industry hadn't abandoned the model of holding the loans one originates long-term (and, with it, banks' incentives to make sure its loans would be repaid), we wouldn't be where we are.

      If the loans weren't collected into instruments which were (collectively) given unwarranted AAA ratings, we wouldn't be where we are.

      There's a big house of cards, and picking out only one element to put all the blame there is hardly appropriate.

    113. Re:banking by Schadrach · · Score: 1

      West Virginia is about the same, although we were just starting to inflate when the bubble burst. Houses $200k can be very nice (not fancy, but comfortable), and only the newly built ones or ones that are in certain specific areas (generally the higher up the mountainside you are, the pricier the housing gets) are much higher. I live in a 2 story that has something like 6 bedrooms, 2 baths, and a decent kitchen in a quiet neighborhood [on the upside nothing bad really happens -- on the downside that's because nothing really happens at all] that would be valued at under $200k (it's not exactly gone anywhere near the market in 20+ years -- it and the house beside it are owned by the family (we've long since paid them off) and will probably get passed down).

    114. Re:banking by Schadrach · · Score: 1

      So it's better to support the bankers making bad decisions at the top than to support the "idiots" at the bottom, which in turn makes the bad decisions stop being bad (because we've averted the foreclosures? Either way, your money, from your pocket, ends up in the hands of bankers. One way said bankers end up with a bunch of foreclosed homes as well and a bunch of people end up on the street.

    115. Re:banking by ChristTrekker · · Score: 1

      Only the fact that, if one is already forced to pay for the socialist system, there's not much left in the budget to pay for a second/private system in addition.

    116. Re:banking by michaelmuffin · · Score: 1

      here is nothing inherent in a socialised health care system that would make it compulsory either

    117. Re:banking by ChristTrekker · · Score: 1

      It would be compulsory to pay the taxes that support it, whether or not you use its services. If "society" isn't footing the bill, it's not socialized. You are correct that it may not be compulsory to use it, but you can be darn sure you'll pay for it whether you want to or not.

  6. Surprised, Am I by Nom+du+Keyboard · · Score: 4, Insightful

    35 cents, equivalent to about $8

    I'm surprised that the inflation rate is so low for what had to be cutting edge technology of the era. Considering that a modern music CD that costs literal pennies to press sells (or attempts to sell, considering recent sales figures) for up to twice that price I wonder what figure was used for the amount of inflation over the last century.

    --
    "It's the height of ridiculousness to say for those 9 lines you get hundreds of millions."
    1. Re:Surprised, Am I by dcollins · · Score: 1

      That was in the pre-media monopoly era, so that makes a difference.

      --
      We know where leadership by an anti-intellectual "strongman" who scapegoats minorities and likes boisterous rallies goes
    2. Re:Surprised, Am I by Hatta · · Score: 2, Insightful

      I'd be willing to bet that 35 cents was pretty close to cost for these things. After all, it's an ad, they want you to listen.

      --
      Give me Classic Slashdot or give me death!
    3. Re:Surprised, Am I by Rob+T+Firefly · · Score: 1

      Everyone has or can get a CD player nowadays, but I wonder what the market penetration of the players was like back then. Could have marketed these things at cost or even at a loss, knowing that they wouldn't actually sell all that many?

    4. Re:Surprised, Am I by HTH+NE1 · · Score: 1

      Well, consider the duration or these recordings. Could you fit a whole CD's worth of audio on one wax tube?

      --
      Oh, say does that Star-Spangled Banner entwine / The myrtle of Venus with Bacchus's vine?
    5. Re:Surprised, Am I by mcgrew · · Score: 1

      "Inflation rate" is meaningless. When I got my license in 1968, gasoline was less than twenty five cents per gallon. The $2.50 we paid befopre Katrina is ten times that, and seems a bargain today (hell I paid $3.38 yesterday and marveled at how cheap it was).

      But the minimum wage was $1.60 in 1968. A minimum wage worker in 1968 could buy eight gallons of gasoline with an hour's labor. Now she can buy less than two gallons with an hour's labor. That's the REAL rate of inflation.

    6. Re:Surprised, Am I by deblau · · Score: 1

      Here, enjoy.

      --
      This post expresses my opinion, not that of my employer. And yes, IAAL.
    7. Re:Surprised, Am I by westlake · · Score: 1
      I'm surprised that the inflation rate is so low for what had to be cutting edge technology of the era
      .

      The cylinder had a playing time of two to four minutes.

      That is the equivalent of $8 dollars for a single, not an LP. Columbia began releasing double sided disc pressings in 1908.

      While Victor began aggressively signing major artists to exclusive contracts: Caruso, Rachmaninoff, Heifitz and so on.

      The geek looks at distribution and tends to forget the significance and the cost of production. It doesn't matter if a pressing costs pennies to stamp out if the talent and performance isn't strong enough to sell the product.

    8. Re:Surprised, Am I by Anonymous Coward · · Score: 0

      she? what about the men?

    9. Re:Surprised, Am I by mcgrew · · Score: 1

      That was a typo; it should have read "(s)he"

  7. Taft in 08! by AioKits · · Score: 1

    He's the new 'third choice'!

    --
    "Quote me as saying I was mis-quoted." -Groucho Marx
  8. Panic of 1873 by MrMunkey · · Score: 3, Interesting

    I just got done reading an article about the Economic Panic of 1873 and how that depression more closely resembles what's currently happening. This might explain why Bryan was talking about bank failures. It was still fresh in their minds.

    http://chronicle.com/temp/reprint.php?id=477k3d8mh2wmtpc4b6h07p4hy9z83x18

    1. Re:Panic of 1873 by ch-chuck · · Score: 1

      38 years after is 'still fresh in their minds'??

      --
      try { do() || do_not(); } catch (JediException err) { yoda(err); }
    2. Re:Panic of 1873 by goatpunch · · Score: 5, Funny

      People didn't have the same concept of time in the olden days, two events in the same century seemed practically simultaneous to them. They also walked very quickly, talked in funny voices, and could only see in black and white.

    3. Re:Panic of 1873 by Anonymous Coward · · Score: 1, Interesting

      38 years after is 'still fresh in their minds'??

      It's all relative in politics... US politicians are still talking about Vietnam (~40 years) and it doesn't look like that obsession is going to end in the next decade or so...

      (Hell, every tin-pot dictator who pops up anywhere in the world gets compared to Hitler(!)... How long will that comparison still resonate?)

    4. Re:Panic of 1873 by Reziac · · Score: 1

      Very interesting. Seems America is in the same situation as 1870s Europe, while China is now the new America.

      ISTM an argument might be made that Europe never really recovered, which eventually led to WW1. One wonders if there is a parallel in our recent willingness to shoot up parts of Asia in the name of Democracy.

      Sometimes I think a return to relative isolationism might not be a bad thing.

      --
      ~REZ~ #43301. Who'd fake being me anyway?
    5. Re:Panic of 1873 by koalapeck · · Score: 1

      Interesting read. There is no question the Great Depression and the current crisis are not one in the same. Although, if unemployment rates hit 20%, many people are going to automatically assume they are identical circumstances.

    6. Re:Panic of 1873 by Crazyswedishguy · · Score: 2, Informative

      I just got done reading an article about the Economic Panic of 1873 and how that depression more closely resembles what's currently happening. This might explain why Bryan was talking about bank failures. It was still fresh in their minds.

      More likely he was referring to the Panic of 1907.

      --
      This space up for sale.
    7. Re:Panic of 1873 by Daniel+Dvorkin · · Score: 1

      *applause*

      --
      The correlation between ignorance of statistics and using "correlation is not causation" as an argument is close to 1.
    8. Re:Panic of 1873 by mcgrew · · Score: 1

      Read Hoover for President (uncharacteristically SFW, sorry) and the sequel More Hoover (Damn!.

      Then read the 1931 book Only Yesterday: An Informal History of the 1920s by historian Frederick Lewis Allen (we were assigned to read it in a 1977 undergraduate general studies history class at SIU). Whether or not you read my fear mongering journals, read Allen's book; it's now online, for free (I still have the paperback we had to buy for class).

      Those who refuse to learn from history are doomed to repeat it.

    9. Re:Panic of 1873 by MrMunkey · · Score: 1

      Wow, there sure are a lot more panics, recessions, and depressions than I had previously known. Unfortunately it looks like history keeps repeating itself.

    10. Re:Panic of 1873 by dbIII · · Score: 1

      It seems like we have a crash every time a new generation of barely literate CEOs emerges that can not relate to anything outside of their experience.

    11. Re:Panic of 1873 by Anonymous Coward · · Score: 0

      More likely this 1908 Presidential candidate was reacting to the financial crisis in 1907.

      From the article:
      "Bryan - Guaranty of Bank Deposits
      This recording deals with a financial problem that had plagued the country in 1907 â" one not so dissimilar to the financial crisis facing the United States today."

      http://en.wikipedia.org/wiki/Panic_of_1907

    12. Re:Panic of 1873 by mqduck · · Score: 1

      Yeah, it's not like anyone brings up either depression today..

      --
      Property is theft.
    13. Re:Panic of 1873 by religious+freak · · Score: 1

      Yes, your unfamiliarity is due to today's modern banking system, which is not backed by gold. We haven't had many since we've left the gold standard (I can count one in the 1930's - and that was due to a stingy central bank that didn't take the kinds of drastic measures (i.e. $700B) which are required in a credit crisis).

      The gold bugs will insist that having gold as a standard somehow makes the economy more stable, but the exact opposite is true. Take a look at the number and severity of the "panics, recessions, and depressions" prior to going off the gold standard (as in 1873) and after the gold standard. That is clear evidence gold sucks as a backing for currency.

      Yeah, this financial crisis sucks, but I would (perhaps literally) head for the hills if we didn't have a fiat currency system today.

      --
      If you can read this... 01110101 01110010 00100000 01100001 00100000 01100111 01100101 01100101 01101011
  9. Todays Presidental Race by [cx] · · Score: 5, Funny

    McCain must be excited to hear his old wax cylinder recordings again.

  10. There are great images by HTH+NE1 · · Score: 0

    There are great images from the campaign; lots of fun.

    I'm sure there are, but these are audio recordings.

    --
    Oh, say does that Star-Spangled Banner entwine / The myrtle of Venus with Bacchus's vine?
    1. Re:There are great images by Dekortage · · Score: 1

      Um... did you click on the link? The recordings are accompanied by a slideshow of historical images.

      --
      $nice = $webHosting + $domainNames + $sslCerts
    2. Re:There are great images by HTH+NE1 · · Score: 1

      Then it should have included the word "also", or a deep link to the slideshow. On its face, it was either a bizarre grammatical error or a non sequitur.

      --
      Oh, say does that Star-Spangled Banner entwine / The myrtle of Venus with Bacchus's vine?
  11. The fuuuuutuuuuuure! by halcyon1234 · · Score: 1

    I'm more interested in the sound bites from the future:

    John Jackson: "It's time someone had the courage to stand up and say: I'm against those things that everybody hates."
    Jack Johnson: "Now, I respect my opponent. I think he's a good man. But quite frankly, I agree with everything he just said."
    John Jackson: "I say your three cent titanium tax goes too far."
    Jack Johnson: "And I say your three cent titanium tax doesn't go too far enough."

  12. Prescient? by MikeRT · · Score: 2, Interesting

    The reason that a lot of the problems we're facing now happened is because of government regulation that coerced banks into giving loans to people who couldn't get them in a less regulated market. There's this asinine argument that goes like this: if the government doesn't make banks loan to minorities and the poor, then those racist bastards won't give anyone who isn't a good looking WASP male a mortgage.

    Was Wall Street to blame on its own end? Absolutely. However, the usual suspects in political activism and Congress are getting away with this. People like Congressman Barney Frank, who helped force the lowered standards, are getting to stand in front of the media and blame Bush for something that started in the early 1990s! As much as I hate Bush, his economic policies are largely just a continuation of Clinton's.

    And here's the irony about bank deposit insurance: by law the FDIC can never carry enough money to really bail out your bank account. It can only hold $50B in cash reserves at any one point in time. That means that they can prattle on and on about raising the limits from $100,000 to $250,000 but it's not even remotely economically feasible.

    1. Re:Prescient? by WamBam · · Score: 5, Insightful

      Your argument seems to be that the government forced companies to take on loans from 'minorities and the poor'. You didn't quite work yourself into a froth about liberalism, affirmative action or whatever else you think is wrong with left but it seems like you were heading in that direction.

      If you look at the people who are defaulting on mortgages it's not really minorities and the poor (I guess in your mind minority = poor?) but mostly middle class Americans who took out loans that they couldn't afford to pay back. Just look at where these defaulters live and you'll see that suburban middle class (white, black, hispanic, etc.) enclaves are most effected.

      I won't disagree with you that some of this crisis has it's roots during the Clinton era or that the government is partially to blame. I'd blame the government for not regulating the lending industry enough rather then accusing them of forcing risky loans on companies. These companies, as well as the housing industry, wanted to take on these loans because they saw green and more importantly, other institutions wanted the securities these loans were wrapped up in because they thought it would make them money.

      Please don't use this crisis as some sort of attack against the poor and/or minorities. It just makes you sound ignorant.

    2. Re:Prescient? by Herkum01 · · Score: 5, Interesting

      The government may have adjusted the rules to try and give people loans to poorer people, but you cannot say the bank was forced to give them loans. There is a lot of process that goes into getting a loan which includes checks and balances on whom is supposed to get approved. The fact of the matter is that too many people had in an interest in pushing loans, good or bad, because they got an immediate payoff and they could pass a bad loan to someone else. Think of all the people who get a cut when you sell a house,

      • Real Estate Agent
      • Property Assessor
      • Mortgage Broker
      • the Seller
      • Rating's Agencies
      • and the BANK!

      That's right, the bank got an immediate payoff for making the loan! Why? Because they turned around and sold the loan. Basically everyone could pass the buck onto someone else. Unless your were the final sucker who got caught holding the loan which ends up worthless. It was a game of hot-potato being played by financial experts who convinced themselves they knew better than someone else.

      As for politcal activism, that is a load of crap. It came down to businesses wanted to do business anyway they like without any oversight, it was only a matter of time before someone came up with this Ponzi scheme. If people had to actually hold onto the loans that they made none of this stuff would have happened. But you would have had rich financial analyst's screaming "this not a free market!"

    3. Re:Prescient? by JesseMcDonald · · Score: 1

      Nothing you've said is quite false, but none of it counters the GP's point, either. The policy of encouraging/forcing sub-prime loans was put into place because at the time certain politicians were able to argue that refusing these loans was indistinguishable from discrimination due to similarities in the demographics. That may no longer be the case, but it was the original reason for the sub-prime lending.

      Note that the borrowers also have some culpability here; when one takes out a loan one has an obligation to pay it back. It is at least as much the borrower's responsibility to determine that he or she is not taking on an obligation in excess of his or her means as it is the lender's responsibility to determine that borrower can reasonably afford to repay the loan.

      Later on we get to Mortgage-Backed Securities, where the risks of these sub-prime loans were incorrectly discounted. Before the loans were risky, but at least the risk was somewhat accounted for. Now we have securities that everyone thinks are backed up by stable loans, but in reality the backing isn't so stable after all. The situation thus goes from bad to worse.

      There are other contributing factors; an error this large cannot be the result of any one (or two) cause(s). FactCheck.org has a decent evaluation of the issues; there is a partial list of contributors near the end.

      --
      "The state is that great fiction by which everyone tries to live at the expense of everyone else." - Bastiat
    4. Re:Prescient? by That's+Unpossible! · · Score: 1

      I think his point was that the reason we are in this mess is because hypocrites like Barney Frank supported legislation to encourage Freddie/Fannie to lower it's lending standards. Although Frank can say his goal was to help the minorities and poor, the end result was that, like you said, many others also took out loans they couldn't afford.

      Coupled with the federal government lowering interest rates to create artificially cheap money lending, and you have this current disaster.

      Now Frank and the rest of the Dems are saying the problem was the republicans decreasing regulation, when in fact the problem was both parties INCREASING FEDERAL INVOLVEMENT with the market.

      --
      Ironically, the word ironically is often used incorrectly.
    5. Re:Prescient? by mcgrew · · Score: 1

      I guess in your mind minority = poor

      In a lot of people's minds. More telling and worrisome is in most people's minds, poor = minority. The fact is, most poor Americans are white (simply because most Americans are white). The left and the right make the same "mistake" (I put it in quotes because I think it's on purpose): confusing classism with racism.

      Nobody would mind Oprah Winfrey or Bill Cosby moving in next door to them. But they'd mind a poor white trash redneck moving in just as much as they'd mind a poor black or Hispanic moving in. The banker doesn't give two shits what color the loan applicant is. The only color that matters to him is green. To him, anybody making less than $200k/yr is a "nigger", no matter that the "nigger" has blue eyes.

      Racism is a tool of the rich to keep the working class at each others' throats, and it works. We, the middle class and poor, are fools that they laugh at every time a white cop beats the hell out of a Rodney King or a black Crip or construction worker beats the hell out of a white construction worker or hoodlum.

      If we do enter another depression, the cloud's silver lining may be that the poor and middle class blacks and whites unite against the rich exploiters of all races.

    6. Re:Prescient? by sesshomaru · · Score: 1

      McGrew, here's an article:

      Misunderstanding Credit and Housing Crises: Blaming the CRA, GSEs

      I don't expect it to change minds, though. Bastard Calvinism is a popular faith in the United States, and hating the poor, and especially the minority poor is it's chief tenet. (Of course, poor is relative...)

      --
      "MIT betrayed all of its basic principles."
    7. Re:Prescient? by Anonymous Coward · · Score: 0

      If we do enter another depression, the cloud's silver lining may be that the poor and middle class blacks and whites unite against the rich exploiters of all races.

      Then they'll jump at each others throats, install a dictatorship, kill a couple dozen million people outright, cause another couple dozen million to starve to death and start a half century long dark age. Revolutions generally don't end well.

    8. Re:Prescient? by TheLink · · Score: 1

      The problem is crappier regulation instead of better regulation.

      The real problem is lots of stupid people don't understand that it's not about more or less regulation, it's about better or worse regulation. Same goes for more or less government - it's about better or worse government (no surprise over time you get crap, when you're deciding based on more/less instead of quality).

      There are far better ways to do things.

      But of course corrupt politicians do it in the way that makes them and their friends rich, and the voters keep voting for those politicians.

      Anyway, I've been thinking that since the finance industry keeps blowing up like clockwork every decade (despite them saying their fancy financial innovations are for reducing risk, haha) perhaps they should incur an extra special tax. The money from that will go to a bailout fund used to bail them out.

      If after a few decades they have grown up and have not needed a single bailout, the tax can be reduced, and the best performing companies (in terms of worst perfomance being not that crap) get back some of their money from the fund.

      --
    9. Re:Prescient? by toddhisattva · · Score: 1

      Time to teach a liberal how to read. Again.

      There's this asinine argument that goes like this: if the government doesn't make banks loan to minorities and the poor, then those racist bastards won't give anyone who isn't a good looking WASP male a mortgage.

      Then knee-jerk reactionary lefturd said,

      Your argument seems to be that the government forced companies to take on loans from 'minorities and the poor'.

      Look, Grampaw called it an asinine argument. It isn't his argument.

      Please don't use this crisis as some sort of attack against the poor and/or minorities. It just makes you sound ignorant.

      Nobody is attacking the poor or minorities over this stuff.

      Since you are illiterate, you are ignorant.

  13. interesting by nomadic · · Score: 1

    You can also find early recordings by people such as Theodore Roosevelet on Youtube, if you're bored...

  14. Bit-torrenting like its 1908 by MosesJones · · Score: 4, Funny

    Of course what they don't tell you is that most people just ripped the wax cylinders into an oral history form and passed it on that way via a peer to peer approach.

    People complained that the problem with the P2P network was that you couldn't tell what was the original and what was either a bad copy or just some virus put in there by someone else to mislead people, but people in South Texas claimed it was the only way they could do it as the Wax cylinders were not available in their area due to them melting.

    --
    An Eye for an Eye will make the whole world blind - Gandhi
  15. Re:Can't listen, Flash only I didn't listen to it, by davidsyes · · Score: 2, Funny

    but...

    When i was waiting for my train, three people were coming down the escalator. I heard one kinda laughingly tell the other two, "Palin said, 'John McCain already *tapped me*'." There there was more laughter. I couldn't *help* but wonder what kind of "tapping" McCain did....

    --
    Previously: "Linux... Toward the Sunrise..." Now: "Linux... Toward the-- No, now, part of Every Sunrise"
  16. Banking and Democrat Change by Orne · · Score: 5, Informative

    The problem is that the people who were supposed to oversee Fannie Mae are the same people that are now supporting a certain Democrat candidate for president, and it would not be beneficial for the media to expose those relationships to the public-at-large until after the election.

    I don't understand how the Enron Trial is on the tip of everyone's tongue, but the media isn't calling to put these banking executive in jail for a fraud that is 10x worse!

    1. Re:Banking and Democrat Change by OSU+ChemE · · Score: 2

      Actually, it's not just Democrats that are/were in on it. It was a bi-partisan screw up.

    2. Re:Banking and Democrat Change by mathmathrevolution · · Score: 5, Informative

      You're so full of misinformation. Barney Frank was the one who passed regulations on Freddie & Fannie. In July 2007 Frank became chairman and he and the Democrats passed regulations within two months. These regulations had been blocked by the house Republicans since 1994.

      It's incredible that the Republicans claim the big mean Democrats prevented them from instituting a proper regulatory framework despite over a decade of Republican majorities in the House and Senate.

    3. Re:Banking and Democrat Change by Anonymous Coward · · Score: 0, Troll

      I don't know man... He's got links.

    4. Re:Banking and Democrat Change by Anonymous Coward · · Score: 0

      If I had to guess it's because the news media is more interested in selling advertisement spots which can be done by attracting viewers.

      What good is slamming someone over all of this now when it can be saved until later and made into something bigger?

      Sure you still get some news, but it almost always seems to be slanted (not necessarily along political lines) in some fashion. Rarely do we see "just the facts."

    5. Re:Banking and Democrat Change by Anonymous Coward · · Score: 0

      And what about the 7 (8 now?) Fannie/Freddie lobbyists running McCain's campaign?

    6. Re:Banking and Democrat Change by scipiodog · · Score: 1

      You're so full of misinformation. Barney Frank was the one who passed regulations on Freddie & Fannie. In July 2007 Frank became chairman and he and the Democrats passed regulations within two months. These regulations had been blocked by the house Republicans since 1994.

      It's incredible that the Republicans claim the big mean Democrats prevented them from instituting a proper regulatory framework despite over a decade of Republican majorities in the House and Senate.

      How do you even know the parent is a Republican? Just because he has exposed corruption in some of the messiaXXXXX Obama's cohorts? Or blamed Democrats for something?

      I blame Democrats for lots of things, but I'm certainly no Republican.

      But then again, knee-jerk reactions like that enable you and others like you to keep the debate focused on narrow acrimonious issues rather than examining the problem with no political bias.

      Well done.

      --
      http://clightnirish.wordpress.com/
    7. Re:Banking and Democrat Change by mdw2 · · Score: 1

      The Franklin Raines part of your comment is a complete fabrication. He is not, and has never been, an Obama advisor. Even the article you link to doesn't make that statement.

      --
      This sig intentionally left blank.
    8. Re:Banking and Democrat Change by mathmathrevolution · · Score: 1

      I made no claim that the parent was a Republican. He (or she) might be a Republican. Or he might be a credulous fool parroting right-wing misinformation who happens to be a Democrat. But regardless of his party affiliation, he's shameless propagating ridiculous right-wing falsehoods.

    9. Re:Banking and Democrat Change by mathmathrevolution · · Score: 2, Informative

      So? None of his links justify his claim that Barney Frank "stopped many legislation attempts to regulate Fannie Mae." That's an baseless argument he got from god-knows-where. Barney Frank did institute legislation. Here's your link

    10. Re:Banking and Democrat Change by toiletsalmon · · Score: 1

      I was actually buying into your BS until:

      "Democratic Congressional Black Caucus, who was praised by Fannie Mae's CEO Daniel Mudd for passing beneficial legislation, in the name of loosening regulations allowing people with poor credit scores to overextend themselves with home loans. We know today how that turned out."

      So let me get this straight: Some poor black woman in Detroit is the reason our economy is shit now?

      Bullshit. Put your hood back on (probably made of $110 bills) and go back home.

    11. Re:Banking and Democrat Change by Anonymous Coward · · Score: 0

      You sir are the one so full of misinformation.

      At a 2004 hearing see Democrat after Democrat covering up and attacking the regulations to protect Fannie Mae and Freddie Mac:

      http://www.youtube.com/watch?v=_MGT_cSi7Rs

      Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis.

    12. Re:Banking and Democrat Change by myth24601 · · Score: 1

      So? None of his links justify his claim that Barney Frank "stopped many legislation attempts to regulate Fannie Mae." That's an baseless argument he got from god-knows-where. Barney Frank did institute legislation. Here's your link

      Your link seems to say the opposite of what you say.

      The article you link says:

      The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago. ...

      Among the groups denouncing the proposal today were the National Association of Home Builders and Congressional Democrats who fear that tighter regulation of the companies could sharply reduce their commitment to financing low-income and affordable housing. ...

      'These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''

      --
      No matter where you go, there you are.
    13. Re:Banking and Democrat Change by mathmathrevolution · · Score: 1

      Whoops. I posted the wrong link. Indeed, that link does suggest appear to directly contradict my claims. I apologize. However, the fact remains that Frank did advocate increased regulation of Freddie & Fannie. Here's a bill, FEDERAL HOUSING FINANCE REFORM ACT OF 2005, that Frank wrote which clearly delineates the necessary reforms.

    14. Re:Banking and Democrat Change by Solandri · · Score: 2, Interesting

      You're so full of misinformation. Barney Frank was the one who passed regulations on Freddie & Fannie. In July 2007 Frank became chairman and he and the Democrats passed regulations within two months. These regulations had been blocked by the house Republicans since 1994.

      It's incredible that the Republicans claim the big mean Democrats prevented them from instituting a proper regulatory framework despite over a decade of Republican majorities in the House and Senate.

      You mean this Barney Frank?

      ''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.'' - Barney Frank, 2003, speaking in opposition to a White House proposal to increase regulation of Fannie Mae and Freddie Mac

      Truth is both parties share blame for this. Republicans liked loosening credit for housing because they felt fewer regulations and more liquidity = good. Democrats liked it because they felt more houses for lower income people = good.

      By July 2007 (when the credit crunch first began) it was obvious housing was a bubble set to burst, so both sides were rapidly backtracking from their previous positions. Democrats were disavowing having ever advocated housing for those with less than mediocre credit. Republicans however couldn't disavow their core belief that less government regulation is better, so ended up taking most of the blame. I give Barney Frank credit for recognizing his mistake and acting to rectify it in 2007, but that does not absolve him of blame for having helped originally cause the problem in the first half of the decade.

    15. Re:Banking and Democrat Change by mathmathrevolution · · Score: 1

      It's not true to say that Frank waited until 2007 to awaken to regulatory issues.

      Frank proposed the FEDERAL HOUSING FINANCE REFORM ACT OF 2005 which was before the housing crisis had manifested. Furthermore, the housing crisis was largely a product of subprime lending. By law, F&F were prohibited from engaging in subprime lending. F&F didn't create the problem they fell victim to. F&F were engaging in legitimate lending, but they were not setup to be resilient against a national wide decline in home values.

    16. Re:Banking and Democrat Change by Loopy · · Score: 1

      Say what? The Federal Housing Finance Reform Act of 2005 (which passed the house but never made it out of committee in the senate) has nothing in it regarding Barney Frank.

      Sponsor:
      Rep. Richard Baker [R-LA]
      Cosponsors [as of 2007-01-07]
      Rep. Robert Aderholt [R-AL]
      Rep. James Barrett [R-SC]
      Rep. Roy Blunt [R-MO]
      Rep. Geoff Davis [R-KY]
      Rep. Tom Feeney [R-FL]
      Rep. Michael Fitzpatrick [R-PA]
      Rep. Scott Garrett [R-NJ]
      Rep. Paul Gillmor [R-OH]
      Rep. Jeb Hensarling [R-TX]
      Rep. Walter Jones [R-NC]
      Rep. Thaddeus McCotter [R-MI]
      Rep. Patrick Mchenry [R-NC]
      Rep. Michael Oxley [R-OH]
      Rep. Ileana Ros-Lehtinen [R-FL]
      Rep. Paul Ryan [R-WI]
      Rep. Jim Ryun [R-KS]
      Rep. Christopher Shays [R-CT]
      Rep. Robert Simmons [R-CT]
      Rep. Frank Wolf [R-VA]

      Furthermore, Barney Frank voted AGAINST this resolution in the house. http://www.govtrack.us/congress/vote.xpd?vote=h2005-547

      Please, if you're going to try this sort of shenanigan, at least source yourself properly.

    17. Re:Banking and Democrat Change by Anonymous Coward · · Score: 0

      Actually your full of it too, Barney Frank only supported such regulation when

      1. The ship was obviously already sinking
      2. The former Clinton people in charge of FM were kicked out so he had no friends to pander too
      3. He was in charge

      #3 is probably the biggest.

      This sap simply did what both parties do best, stand in the way of the other party. Fact is, there were numerous regulatory reforms attempted by the Republican congress which were blocked by Barney Frank and his friends.

      You want the one real truth, neither side works for us, just themselves.

    18. Re:Banking and Democrat Change by jcnnghm · · Score: 2, Informative

      Democrats blocked regulation in 2004, attacking the regulator, and defeated the Federal Housing Enterprise Regulatory Reform Act of 2005, cosponsored by John McCain. Barney Frank is in this neck deep, don't kid yourself. Democrats like Frank cried racism whenever the republicans suggested regulating Fannie Mae and Freddie Mac, and had control of the house financial services committee which oversees the GSEs.

      "I worry, frankly, that there's a tension here. The more people, in my judgment, exaggerate a
      threat of safety and soundness, the more people conjure up the possibility of serious financial losses to the Treasury, which I do not see. I think we see entities that are fundamentally sound financially and withstand some of the disastrous scenarios. And even if there were a problem, the Federal Government doesn't bail them out . But the more pressure there is there, then the less I think we see in terms of affordable housing."

      Rep. Barney Frank (D., Mass.)
      House Financial Services Committee hearing
      Sept. 10, 2003

      "I think this is a case where Fannie and Freddie are fundamentally sound, that they are not in danger of going under. They're not the best investments these days from the long- term standpoint going back. I think they are in good shape going forward. They're in a housing market. I do think their prospects going forward are very solid. And in fact, we're going to do some things that are going to improve them."

      Rep. Barney Frank (D., Mass.)
      July 14, 2008

      "I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick passage of GSE regulatory reform legislation. If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole.

      I urge my colleagues to support swift action on this GSE reform legislation."

      John McCain
      May 26, 2006

      Here are some additional quotes from the Fannie/Freddie Fraud Investigation in 2004

      BAKER (R-LA): It is indeed a very troubling report, but it is a report of extraordinary importance not only to those who wish to own a home, but as to the taxpayers of this country who would pay the cost of the clean up of an enterprise failure.

      WATERS (D-CA): Through nearly a dozen hearings where, frankly, we were trying to fix something that wasn't broke, Mr. Chairman, we do not have a crisis at Freddie Mac, and particularly at Fannie Mae, under the outstanding leadership of Mr. Frank Raines.

      MEEKS (D-NY): As well as the fact that I'm just pissed off at OFHEO, because if it wasn't for you, I don't think that we'd be here in the first place, and now the problem that we have and that we're faced with is: maybe some individuals who wanted to do away with GSEs in the first place, you've given them an excuse to try to have this forum so that we can talk about it and maybe change the, uh, the direction and the mission of what the GSEs had, which they've done a tremendous job. There's been nothing that was indicated that's wrong, you know, with Fannie Mae! Freddie Mac has come up on its own. And the question that then presents is the competence that -- that -- that -- that your agency uh, uh, with reference to, uh, uh, deciding and regulating these GSEs. Uh, and so, uh, I wish I could sit here and say that I'm not upset with you, but I am very upset because, you know, what you do is give -- you know, maybe giving any reason to, as Mr. Gonzales said, to give someone a heart surgery when they really don't need it.

      ROYCE (R-CA): In addition to our important oversight role in this committee, I hope that we will move swiftly to create a new regulatory structure for Fannie Mae, for Freddie Mac, and the federal home loan banks.

      CLAY (D-MO): This hearing is about the

      --
      You don't make the poor richer by making the rich poorer. - Winston Churchill
    19. Re:Banking and Democrat Change by Solandri · · Score: 2, Informative

      Frank proposed the FEDERAL HOUSING FINANCE REFORM ACT OF 2005 which was before the housing crisis had manifested.

      Are you sure that's the right bill? He's not on the list of sponsors (who are all Republicans), and he voted against it. While we're at it, McCain authored a similar regulation in the Senate in 2005, yet he's somehow being blamed for the lack of regulations that caused the mortgage failures.

      Furthermore, the housing crisis was largely a product of subprime lending. By law, F&F were prohibited from engaging in subprime lending. F&F didn't create the problem they fell victim to. F&F were engaging in legitimate lending, but they were not setup to be resilient against a national wide decline in home values.

      Were prohibited. A 1999 New York Times article states:

      I In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders.

      The action, which will begin as a pilot program involving 24 banks in 15 markets -- including the New York metropolitan region -- will encourage those banks to extend home mortgages to individuals whose credit is generally not good enough to qualify for conventional loans. Fannie Mae officials say they hope to make it a nationwide program by next spring.

      Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.

      In addition, banks, thrift institutions and mortgage companies have been pressing Fannie Mae to help them make more loans to so-called subprime borrowers. These borrowers whose incomes, credit ratings and savings are not good enough to qualify for conventional loans, can only get loans from finance companies that charge much higher interest rates -- anywhere from three to four percentage points higher than conventional loans.

      ''Fannie Mae has expanded home ownership for millions of families in the 1990's by reducing down payment requirements,'' said Franklin D. Raines, Fannie Mae's chairman and chief executive officer. ''Yet there remain too many borrowers whose credit is just a notch below what our underwriting has required who have been relegated to paying significantly higher mortgage rates in the so-called subprime market.''

      Demographic information on these borrowers is sketchy. But at least one study indicates that 18 percent of the loans in the subprime market went to black borrowers, compared to 5 per cent of loans in the conventional loan market.

      In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980's.

    20. Re:Banking and Democrat Change by Anonymous Coward · · Score: 0

      "These two entities â" Fannie Mae and Freddie Mac â" are not facing any kind of financial crisis," said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. "The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing."

    21. Re:Banking and Democrat Change by mathmathrevolution · · Score: 1

      So much confusion it's hard to know where to start ...

      The quotes you have are from 2003. This is before the housing boom. At the time, Freddie and Fannie were in fine shape. The quotes of Waters et al were entirely true.

      Futhermore, Freddie and Fannie weren't even engaged in debt securitization or sublime lending, the two mechanisms that desperately needed regulation and caused this crisis. Freddie and Fannie were vicitims of the Housing Bust caused by investment banks and regulation would not have protected them.

      Futhermore, Frank was the one who wrote Federal Housing Enterprise Regulatory Reform Act of 2005 in the first place! He voted against it because the Republicans butchered it in committee.

      Futhermore, The Republicans were in control. They had the majority in Congress and the Presidency. They could have done whatever they wanted. They didn't. They abdicted their responsibility and now they are frantically pointing the finger and Barney Frank and everybody else. They are desperate to paint themselves as victims of democrats and racial minority. Give me a break. The Repuclicans aren't victims, they're pussies who can't accept responsibility for the consequences of their rule.

    22. Re:Banking and Democrat Change by HanzoSpam · · Score: 1

      The problem is that the people who were supposed to oversee Fannie Mae are the same people that are now supporting a certain Democrat candidate for president, and it would not be beneficial for the media to expose those relationships to the public-at-large until after the election.

      Ah-yup.

      --

      Progressivism: Parasites helping parasites to help themselves - to other people's stuff.
    23. Re:Banking and Democrat Change by weston · · Score: 1

      Democrats blocked regulation in 2004

      How? They held minorities in both the house, the senate, and every committee. Bush held the Presidency.

      defeated the Federal Housing Enterprise Regulatory Reform Act of 2005, cosponsored by John McCain

      McCain was a late cosponsor, 2006, and the author of the S.190 was Chuck Hagel. I've written elsewhere that at least in theory, McCain deserves from credit for this, but since the bill never materialized, it's not clear what form the actual policy would have taken, nor, for that matter, how the Democrats were the major obstruction in adopting S.190, since they didn't control the Senate.

      It's also worth noting that Hagel has been a fairly vocal Obama supporter.

      That said, the quotes from those Democrats are interesting and indicate they didn't have a particularly strong grasp of the situation. The question is if the Republicans involved did and what exactly they were proposing to do -- remember, this is in the wake of the accounting problems *not* hearings on the housing bubble, CDOs, or most of the other issues relevant to today's financial turmoil, in which the GSEs really only play part that's really quite replaceable by a host of entities from the private sector.

      In particular, I don't think Mr. Manzullo's displaying a particularly great grasp of the private sector here:

      Mr. Raines, 1.1 million bonus and a $526,000 salary. Jamie Gorelick, $779,000 bonus on a salary of 567,000. This is -- what you state on page 11 is nothing less than -- than staggering

      Not particularly high compensation for C-list private sector positions, actually. Unfortunate, but if there's any scandal to this, then the center of it is not here.

    24. Re:Banking and Democrat Change by readin · · Score: 1

      Sources please! We need links!

      --
      I often don't like the choices people make, but I like the fact that people make choices. That's why I'm a conservative.
    25. Re:Banking and Democrat Change by jcnnghm · · Score: 1

      Here's a video showing everyone saying what they said, http://www.youtube.com/watch?v=_MGT_cSi7Rs.

      --
      You don't make the poor richer by making the rich poorer. - Winston Churchill
  17. Re:Todays Presidental Race... Would that be on by davidsyes · · Score: 1

    a...

    'Victrola'?

    http://www.victor-victrola.com/

    http://www.besmark.com/

    If so, he goes waaaayyyy back.

    --
    Previously: "Linux... Toward the Sunrise..." Now: "Linux... Toward the-- No, now, part of Every Sunrise"
  18. The Negro has progressed by zymano · · Score: 0, Flamebait

    To a point that they now have collapsed all our banks with stupid demands for easy loans with the black nominee for president implicated in the scandal.

  19. Was McCain there? by cavis · · Score: 1

    Wasn't McCain a delegate to the national convention that year? I think this technological feat may have helped inspire him to create the Blackberry.

  20. Bryan's not exactly electifying, is he? by jfruhlinger · · Score: 2, Interesting

    Bryan was supposed to be the premier orator of his era -- his "Cross of Gold" speech brought the house down at the Democratic convention in 1896. But that recording is just a snoozefest -- admittedly, it's about banking, which is important but boring (which is no doubt one of the reasons we're in trouble today), but the rhythm is just stately and bland and blah. Maybe the experience of being in a studio rather than in front of a live, reacting crowd was so foreign that it didn't occur to him that he should be using the same oratorical techniques, and instead was just reading prepared remarks.

    1. Re:Bryan's not exactly electifying, is he? by Anonymous Coward · · Score: 0

      Maybe the experience of being in a studio rather than in front of a live, reacting crowd was so foreign that it didn't occur to him that he should be using the same oratorical techniques, and instead was just reading prepared remark

      Or maybe a generation of people who grew up watching movies on TV doesn't have the same type of attention span. Now, I'm not one of the people who dislike TV (in fact, I'm a huge fan), but I think the tendency of politicians to try to be flashy so they look good on camera is a problem, not an improvement.

      In the recordings, each candidate spoke about a particular problem and their stance. I thoroughly enjoyed them and wished our candidates today had that oratorical style

    2. Re:Bryan's not exactly electifying, is he? by zulux · · Score: 1

      If I remember correctly, you had to pretty much yell at the early wax recorders to get them to register. We're probably hearing someone pretty much doing his best to yell and sound reasonable at the same time.

      --

      Moneyed corporations, non-working 'poor' and criminal prisoners are turning productive citizens into tax-slaves.

    3. Re:Bryan's not exactly electifying, is he? by jfruhlinger · · Score: 1

      It's not the content that put me to sleep, it was the delivery style. The exact same sentences, maybe with minor modification, could have been delivered like someone talking, not someone reading off of a page. There was just a certain unpunctuated "dot-de-dot-de-dot-de-daaaah, dot-de-dot-de-dot-de-DAAAHHH" quality to it that actually made it harder for me to focus.

      It is of course just possible that people's expectations of public oration have changed so radically that what would have seemed electrifying then seems bland to me. That's one of the interesting things about these early sound recordings, I guess.

    4. Re:Bryan's not exactly electifying, is he? by smellsofbikes · · Score: 1

      If you'd like to read a little more about literacy and reading comprehension skills in the US over the last 200 years, you should check out Neil Postman, particularly his books "Amusing Ourselves To Death" and "Building A Bridge To The 18th Century". To sum up some complex books in a quick soundbite... is exactly what his books are about.
      His claim is that the modern human brain, used to gathering information at high bandwidth from largely visual sources -- television, in other words -- does a very good job of processing information presented that way and a considerably worse job of processing information that's presented in writing, in long and complicated sentences. In contrast, people in the 18th and 19th century, who did all their communication via written material, had very different mental processing habits and could easily parse speeches that were written the way 19th century books were written. They could keep track of multiple nested clauses: deeper stack, essentially. They didn't need or want emphatic or emotive speech because it didn't convey information in a way they were prepared to accept.

      They're good books. Even though they're 20 years old, they're still controversial, but I learned a lot from reading his work.

      --
      Nostalgia's not what it used to be.
  21. Some things never change! by Drakkenmensch · · Score: 2, Funny

    "Mister Taft, what is your position on young whippersnappers using Edison's sound capturing device to obtain songs of popular performers and listening to it later, not paying music admission prices? Is this the end of Music Hall?"

  22. You must be able to see to hear this Flash audio by HTH+NE1 · · Score: 5, Insightful

    Really? Flash is pretty easy to use, too.

    How easy? Can you use it with your eyes closed? For sake of argument, I'll allow you to have a braille display.

    --
    Oh, say does that Star-Spangled Banner entwine / The myrtle of Venus with Bacchus's vine?
  23. Heard of YouTube? by BenSchuarmer · · Score: 1

    This is more like 60 second political ads on YouTube (which are free) than 40+ minute long CDs.

  24. Re:Can't listen, Flash only I didn't listen to it, by zulux · · Score: 1

    >>I heard one kinda laughingly tell the other two, "Palin said, 'John McCain already *tapped me*'."

    That certainly says more about the mind of the person who insinuated such garbage than and it does about Palin.

    --

    Moneyed corporations, non-working 'poor' and criminal prisoners are turning productive citizens into tax-slaves.

  25. The days of the old parties... by damn_registrars · · Score: 1

    The historical context of these two men is important. In 1908 the Democratic party wanted to teach christian principles in school (instead of evolution), and the Republican party wanted to work to ensure equal rights and opportunities for all.

    --
    Damn_registrars has no butt-hole. Damn_registrars has no use for a butt-hole.
  26. My... How Times Change by Black-Man · · Score: 2, Informative

    William Jenning Bryan... a Democrat. Strong supporter of prohibition, fought darwinism and was a racist.

    Taft... a Republican. And the Republican Party of 1906 REMEMBERED ITS ROOTS! The party of the Abolitionists.

    I wish the Republican's would acknowledge their heritage. The heritage of abolition and the abolishment of slavery. They should be proud of Lincoln!

    1. Re:My... How Times Change by Joe+the+Lesser · · Score: 1

      Money corrupted them. They became the party of big business and Imperialism, and then started to use conservative religion and populist racism to stay in power, abandoning the progressive principles they were founded with. Once the civil rights movement arrived and the South switched colors, the transformation was complete. The republicans had become the party they had been created to fight, and the democrats had been reborn as the progressive party.

      --
      "I only speak the truth"
      Karma: null(Mostly affected by an unassigned variable)
    2. Re:My... How Times Change by jameskojiro · · Score: 1

      The Republicans really fumbled the ball in the 60's when they let the Deomcrats win over the African American vote. They had a good start with the passage of the Civil Rights Legislation that ended all the jim crow laws in the south.

      History's dirty little secret is that Martin Luther King himself was a republican!!!! GASP!!!! Say it ain't so Joe!

      The Democrats on the other had, especially a lot of the southern good 'ol boy Democrats were against Civil Rights Legislation.

      What caused it to change?

      Lyndon Johnson's "Great Society" of hand outs is what caused so many African Americans to jump parties. Due to their demographic suffering from economic hardships due to the enforced Southern Democrat Jim crow laws they gladly went over to the side with free cookies and promise of a better life.

      Also all those Southern Democrats or Dixie-Crats started to feel unwelcome int he Democrat party and instead of just dying off some idiots in the Republican leadership thought it would be a brilliant idea to have them come aboard and shore up the Republican Party. BAD IDEA, REALLY FSCKING BAD IDEA!

      Probably Nixon's Fault!

      --
      Tsukasa: All I really want, is to be left alone...
    3. Re:My... How Times Change by bxwatso · · Score: 1

      Not only that, but all of the Southern Jim Crow laws were enacted by Democrats, and most of the Federal civil rights laws were passed due to Northern Republican votes over Southern Democrat votes against passage.

    4. Re:My... How Times Change by p3d0 · · Score: 1

      The heritage of abolition and the abolishment of slavery.

      Also, don't forget they abolished slavery.

      --
      Patrick Doyle
      I mod down every jackass who puts his moderation policy in his sig. Oh, wait a sec....
  27. You got it! Were you ready too? by Anonymous Coward · · Score: 1, Interesting

    It is completely misleading and dishonest of you to compare the purchase of $700B of yielding assets to the grating of $700B cash. They are just not the same thing.

    Absolutely correct. So when you actually read the Bills before congress, and you realize they are authorizing a 11 Trillion dollar handout rather than a 700 Billion dollar purchase, you understand everything.

    This is just last minute profit-taking by the Bush crony system. They presented a guaranteed-to-fail bill (which ironically almost passed due to our economically inept representation) to blow the stock market through the basement. If you check it out, you'll see that plenty of Texans and their buddies were well prepared for this crash.

    If the Bush Bailout goes through, it's not quite as good for them economically because of the necessary devaluation of the dollar that will entail. That's even after the handout gets pushed into Switzerland and the Caymans. But it's great politically, because then either Obama or McCain gets to be the next Hoover, which either way is a win for the team.

    Since I figured it out in advance, I get to make lots of money too. See ya in the poorhouse suckers!!

  28. Bryan was also a creationist... by Anonymous Coward · · Score: 0

    Before everybody starts talking about how wonderful William Jennings Bryan was, remember that he was a reactionary whose other positions included banning the teaching of evolution and opposition to civil rights.

    Nor was he a great economist; he was the voice of the silver mining interests. To the extent that they succeeded in influencing policy, they made economic conditions worse rather than better.

    1. Re:Bryan was also a creationist... by Carewolf · · Score: 1

      Yes the Democrats of 1908 were the Republicans of their time ;)

    2. Re:Bryan was also a creationist... by Anonymous Coward · · Score: 0

      Yes the Democrats of 1908 were the Republicans of their time ;)

      Not quite. The Democrats and Republicans represented the same type of people in 1908 that they represent today. The Democrats were (and are) the super rich with a hefty dose of populism and union rhetoric for the proles; the Republicans were (and are) the upper middle class bourgeoisie.

      In Marxist terms, the Democrats are the High and the Republicans are the Middle. The goal of the High is to stay where they are; the goal of the Middle is to topple the High. Neither side is particularly concerned with the Low, other than what is needed to accomplish their goals. The High uses the Low to undermine the Middle (and thus protect the High's position); the Middle uses the Low as purported allies to undermine the High.

      In the USA, the Democrats have traditionally been far more successful in using the Low, mostly by portraying the Republicans as bogeymen. The exceptions prove the rule; the Low goes Republican only when the Democrats take them for granted one time to many.

      Part of the overall "bogeyman" strategy is to associate the Middle with unattractive aspects of the Low. Doing so is particularly important with those elements of the Low who fancy themselves as being the "intellectual elite".

      This game has been going on since the 1850s when the Whig Party finally collapsed.

      In the latter part of the 19th century and the early part of the 20th century, the bogeyman was that Republicans would let "coloreds" take over. Post-war Republican policies did quite enough to bolster that bogeyman.

      The other bogeyman of that time, which Bryan repeatedly used, was the gold standard. Never mind that repeated US attempts to return to bimetallism were unmitigated disasters that did nothing but line the pockets of silver miners. One of the best things that Congress ever did was call an end, once and for all, to the bimetallic folly in 1900.

      Yes, the gold standard benefited the bourgeoisie in the Middle. But it was not responsible for the condition of the Low, and the 19th century attempts at bimetallism did nothing to improve the lot of the Low. Bimetallism did enrich some silver speculators though.

      In the latter part of the 20th century, as racism fell out of favor, the bogeyman became that Republicans (who were always associated with northeastern Protestantism) were somehow in bed with nutso cults. The fact that Republicans remain torn on the abortion issue has bolstered that bogeyman.

      The Republicans set themselves up for no-wins like this a lot, particularly with their absolutist position of "rights for everyone". They also have quite a civil war between the interventionists and the isolationists. And, above all else, they have a supreme talent for shooting themselves in the foot every time they achieve any power.

      The Democrats have a much easier set of core principles: the needs of the super-rich are all that matters, but toss out enough dog biscuits and propaganda to the proles so that they don't vote Republican.

      The Democrats have, by far, the more skilled politicians. They also figured out long ago that the key to staying in power is to have enough of a Republican presence in Congress that the more extreme demands from their Low get blocked; the Republicans never mastered this and probably never will. The worst possible disaster for Democrats is to have the White House and a filibuster-proof Congress.

    3. Re:Bryan was also a creationist... by jameskojiro · · Score: 1

      The Republicans took it in the shorts when they allowed those Southern Dixie-crats to join their party in the 60's. Who ever agreed with that needs to shot if they are not dead already.

      --
      Tsukasa: All I really want, is to be left alone...
  29. Re:You must be able to see to hear this Flash audi by outZider · · Score: 1

    Hell if I know. :)

    Flash allows you to have text alternates to every element on the page, and screen readers can hook into them just like any other web plugin. As I am not blind, I do not have a screen reader, so I can't answer your question. I can tell you quite confidently that the OP did not have this as his argument.

    --
    - oZ
    // i am here.
  30. wrong source of the mess by circletimessquare · · Score: 1

    http://www.nytimes.com/2008/10/03/business/03sec.html

    the issue is basically that there was too much regulation in 2004, and the banks were chomping at the bit to deregulate even more, to free them from rules about having enough assets on hand. by freeing them from this government regulation, this decision in 2004 paved the way for all the recent failures

    i don't understand your thinking, where excesses obviously related to free market ebullience has led us into the debacle we're at today. in the 1800s, with far less government regulation, there were regular painful and crippling booms and busts related to little oversight and regulation

    its kind of a weird, wishful desperate magical thinking on your part: that, in this moment that most disproves the stupidity of free market fundamentalism, free market fundamentalists blame the government and regulation for the failures of the free market

    free market fundamentalists: the free market is best when it is in a sandbox. meaning, within certain parameters, the market should allowed to do their thing. however, when it ranges too far out of the sandbox, into regions of manic greed bubbles and crippling fearful busts, the government should step in and either slow things down, or keep things on life support

    you can't have a healthy economy without regulation and governemtn invovlement. i'll repeat, as the howls of libertarian fools and blind market fundamentalists is too loud: you can't have a healthy economy without regulation and government invovlement

    the mess we are in today is strictly and 100% explainable in terms of natural human failures in terms of greed and poor foresight. nothing the government or regulation rules are responsible for

    the error in the thinking of free market fundamentalists is that everything is self-correcting. no, a free market can boom and bust itself right of existence if it is not regulated. just study the financial history of the 1800s if you don't believe me. regulation simply smooths out the hard corners, and it is absolutely necessary for a healthy economy: save us from the scarier regions of the nadir and pinnacle of natural boom and bust cycles due to simple human failures that cascade and build on each other were the market completely free

    free market fundamentalism is just as stupid as communism, for equal although inverse reasons: sometimes, you need to save people from themselves, or their excesses destroy way more than their own set of mistakes. in other words, those who choose wrongly in a free market can make mistakes which hurt way more than just themselves. meaning, the free market must be protected, via government involvement, from extreme conditions that damage way more than just those who make the bad decisions

    if people made decisions in free markets which alwas and exclusively hurt only themselves, free markets shouls proceed unfettered by government oversight. but they don't. so government oversight is necessary for a healthy economy

    free market fundamentalists and libertarians: september 2008 is your comeuppance. the excesses we see crashing today is NOT the faul tof the government, in spite of the magical thinking of the post i am replying to. take a hard gulp, and revisit your ideology. it is flawed, your thinking and your assumptions are wrong

    --
    intellectual property law is philosophically incoherent. it is your moral duty to ignore it or sabotage it
  31. The more things change... by Dorkmaster+Flek · · Score: 1

    Doesn't that just go to show that both parties are essentially the same wolf in sheeps clothing?

    --
    I like to think of online DRM as something akin to a college -- you pay for lessons until you learn something.
    1. Re:The more things change... by Reziac · · Score: 1

      Nah, just that everything evolves to become the same as its former enemies. How does that quote go on the subject??

      --
      ~REZ~ #43301. Who'd fake being me anyway?
    2. Re:The more things change... by Opyros · · Score: 1

      "Choose your enemy well, for you will come to resemble him."

    3. Re:The more things change... by Reziac · · Score: 1

      That sounds like it!!

      Now, who said it??

      --
      ~REZ~ #43301. Who'd fake being me anyway?
  32. acetate pressings? by Jrod5000+at+RPI · · Score: 1

    We'll start off your workout with vigorous calisthenics executed in rhythmic time with acetate pressings of the new musical craze called "jazz"

    Steak and eggs and eggs and steak...

  33. Flash must die! by BillGod · · Score: 1

    from smooth wambats link."Flash is the new blink tag and must be treated as such" HA that made me laugh

    --
    MISSING - Sig file. 2 years old black and white and very funny. If found please email me.
  34. Politics is not a teeter-totter by Anonymous Coward · · Score: 1

    When I diss progressives, I'm not lifting up neocons.

    As a matter of fact, I see progressives and neocons as almost equally condesending, intrusive, hyprocritical, and full of bad ideas.

    I see politics more like a feces covered merry-go-round. They all stink of the same shit and go in the same circles.

  35. Re:Can't listen, Flash only I didn't listen to it, by spun · · Score: 2, Informative

    Palin does a fine job of making herself look stupid, she doesn't need our help. Though surprisingly she did manage to use complete English sentences in the debate.

    I mean, those interviews were more than embarrassing, they were frightening. Doesn't read, or can't name specific publications. Can't name a single supreme court decision besides Roe v. Wade. Says McCain is for regulation, but can't name one specific instance. Thinks sharing a maritime border with the most desolate, uninhabited part of Russia gives her foreign affairs experience.

    --
    - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
  36. Re:You must be able to see to hear this Flash audi by lbgator · · Score: 1

    My neighbor is blind. He is quite fluent with IT, but he frequently has to ask for help with flash as his screen reader only says something generic for flash elements. I don't know if this is oversight on the implementer's part or a problem with flash in general, but it can really hamstring blind people who are otherwise computer savvy.

  37. What about the Community Reinvestment Act? by MikeRT · · Score: 2, Insightful

    Not nearly as ignorant as you would believe. Ever heard of the Community Reinvestment Act and its amendments? It played an important role in dropping the standards on accounting to make this problem possible. I admit that I came across as blaming only the poor and minorities in that first paragraph (such is the result of fast posting). The middle class certainly has its large share of the blame too for overspending on housing. However, let's not kid ourselves into thinking that this environment would have happened the way it did if banks didn't face the threat of legal action under the CRA if they denied someone a mortgage when that person could, *ahem*, theoretically make the payments on their current income.

  38. What we really need is the wax cylinder that holds the speeches from John McCain's first congressional campaign. What? Oops, I guess that would be the scrolls that held the speeches. Huh? OK, the clay tablets... Really? Cave walls?

    --
    That is all.
    1. Re:So? by Carbon016 · · Score: 1

      Hey, you shouldn't be so disrespectful. John McCain couldn't draw cave paintings of lions attacking his tribe for five years.

  39. Re:Can't listen, Flash only I didn't listen to it, by zulux · · Score: 1

    Biden does a fine job of making himself look stupid, he doesn't need our help. Though surprisingly he did manage to cry in the debate.

    I mean, those gaffs were more than embarrassing, they were frightening. Dosen't kown who the president was in the Great Depression, or know what decade TV was invented. Dosn't know what Article Two of the constitution - and he claims to be a lawyer. Says his ticket is for the Iraq war before he was against it. Thinks being wealthy and never donating to charity in the last ten years (well $300) makes him part of the common people.

    --

    Moneyed corporations, non-working 'poor' and criminal prisoners are turning productive citizens into tax-slaves.

  40. Re:You must be able to see to hear this Flash audi by outZider · · Score: 2, Informative

    It's ignorance on the part of flash developers, just like HTML designers who don't use ALT tags on images. Adobe provides the technology, developers just don't care.

    --
    - oZ
    // i am here.
  41. hmm by thatskinnyguy · · Score: 1

    Considering the limited longevity of the Edison wax cylinders, I'm surprised that they've lasted 100 years! This was a good find in deed!

    --
    The game.
  42. Stupid People by Anonymous Coward · · Score: 0

    . . .which to many Americans (who are, let's be honest, stupid, stupid people. . .

    Wait - let me guess. Another Euro-weenie deeply bitter at the fact his people were too stupid or too scared to get on a boat.

    Enjoy what's left of your dying utopia while you can, asshole.

  43. Re:Can't listen, Flash only I didn't listen to it, by Anonymous Coward · · Score: 0

    Both of you please shut the fuck up.

  44. Re:Can't listen, Flash only I didn't listen to it, by spun · · Score: 1

    Almost every poll shows Biden winning the debate, by a two to one margin. Especially among independents. Face it, all Biden needed to do was not screw up too badly. Palin needed to hit it out of the park, and she didn't. This election is in the bag for Democrats.

    --
    - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
  45. real income was lower by Main+Gauche · · Score: 1

    Besides the fact this was probably priced at cost, keep in mind that real income was much lower (around one-fourth what it is today**). People just didn't have disposable income like they do today, making this kind of purchase more costly than it appears.

    (**I'm taking a stab at the one-fourth figure. You can see that real income roughly doubled in roughly 50 years here, so I guess I'm close.)

  46. What CRA Whiners Aren't Telling You by Qzukk · · Score: 4, Insightful

    The CRA only applies to banks.

    Despite the fact that CRA appears to have increased bank and thrift lending in low- and moderate-income communities, such institutions are not the only ones operating in these areas. In fact, with new and lower-cost sources of funding available from the secondary market through securitization, and with advances in financial technology, subprime lending exploded in the late 1990s, reaching over $600 billion and 20% of all originations by 2005. More than half of subprime loans were made by independent mortgage companies not subject to comprehensive federal supervision

    http://www.house.gov/apps/list/hearing/financialsvcs_dem/barr021308.pdf

    The CRA is only at worst 50% responsible (an additional 30% of the subprime loans were made by "affiliates" of banks, and therefore partially covered by CRA, the remaining 20% of all loans were made directly by banks... and the worst case scenario is that the regulators were there twisting the banks' arms for every single loan). The other 50% of the mortgages were irrefutably made of the originators' free will.

    Secondly, the CRA doesn't call for Option ARMs or interest-only loans or giving people money with zero down or piggybacking another mortgage for the down payment or liar loans... those are entirely the invention of the banks and mortgage companies that offered them.

    --
    If I have been able to see further than others, it is because I bought a pair of binoculars.
  47. Re:Can't listen, Flash only I didn't listen to it, by cthulu_mt · · Score: 1

    Hey! I see what you did there!

    Being right won't earn you any karma.

    --
    Virginia is for lovers. EVE is for griefers.
  48. Re:You must be able to see to hear this Flash audi by Reziac · · Score: 1

    Frontpage ENCOURAGES you to use alt-content for flash, even if you don't know enough to do so (in fact that's how I learned it could be done).

    Dreamweaver REMOVES that alt-content, without even asking permission!!

    Such was my experience when I had to work on a flash-based website. And guess which editor most flash-centric sites are built with.

    --
    ~REZ~ #43301. Who'd fake being me anyway?
  49. Feinstein's a conservative on economics by Trepidity · · Score: 2, Informative

    She's only really in the Democratic Party at all because she has liberal views on social issues (abortion, gay rights, etc.), but she's quite conservative on business/economic issues.

    She also happens to be married to Richard C. Blum, chairman of Blum Capital Partners, who as you might suspect rather like the idea of a financial-industry bailout.

  50. conservatives are anti-elitism? by Trepidity · · Score: 4, Insightful

    Like Phil Gramm, McCain's economic advisor, who calls people "whiners" if they think the economy is doing badly?

    Heck, conservatives are most of the elite---Bush beat Kerry by huge margins among people making $200k+, even in states that Kerry otherwise won handily (he won 64-35% among that demographic in California). Rich liberals are a fairly small subset of overall rich people---even in California, conservative aerospace/defense industry, real-estate, and import/export businessmen far outnumber Hollywood actors and tech bosses.

    1. Re:conservatives are anti-elitism? by operagost · · Score: 2, Insightful

      Heck, conservatives are most of the elite---Bush beat Kerry by huge margins among people making $200k+, even in states that Kerry otherwise won handily (he won 64-35% among that demographic in California).

      No, that's because Democrats always promise they will raise taxes on the "rich" and give services to the "poor" like bureaucratic Robin Hoods.

      --

      Gamingmuseum.com: Give your 3D accelerator a rest.
    2. Re:conservatives are anti-elitism? by Machtyn · · Score: 1

      Rich liberals are a fairly small subset of overall rich people
      Yes, but it is these rich liberals who want to control the poor, because the poor don't know anything. (they're poor for a reason. /me rolls eyes)

  51. Whatever you do... by cavis · · Score: 1

    DO NOT let this guy hold the original recording: http://www.youtube.com/watch?v=mPjTNE-lUow/

  52. The health system by Stickerboy · · Score: 1

    >Hmm, then how come countries with socialized medicine (ALL the rest of the first world, mind you) have longer life expectancies, lower infant death rates, and are simply better by any reasonable measure of health care bang for the buck?

    You mistake population discrepancies for the effects of health care policy. Correlation is not causation. America has the worst dietary and exercise habits in the world. Lower class America also smokes like a chimney and boasts to its buddies how many cases of beer they drank over the weekend. If you separated out America by socioeconomic status, what you would see is a first world-leading country on top of a developing nation.

    Anyways, I'm miffed anytime uses population averages to show how their health care system is doing. This assumes two things: 1) people give a shit what their doctor tells them (at least when they're healthy, when it is the most important) and 2) people are utilizing the health care benefits available to them. Example in point: infant mortality rates. Every researcher and their dog knows that this is linked to prenatal care of expectant mothers and good nutrition. Coincidentally, the United States gives free prenatal care, nutritional counseling and financial incentives for healthy eating to expectant mothers. The difference? Too many expectant mothers here in America don't give a shit. They'd rather keep smoking, eat their McDonald's and not go through the hassle of a doctor's appointment.

    >The HMOs and insurance companies make the rules, and unless you are willing to spend a king's ransom on a decent plan, or and emperor's ransom to pay for it all yourself, you are at their mercy.

    And see, this is the fallacy of health care in America. No one here seems to understand that the most important visit to a doctor is when you are healthy. My current life expectancy, based on race, gender, family history, diet, exercise, driving record and (lack of) substance abuse is 98 years old. Take charge and take care of your own body! If you need advice on how to do that, that's what a doctor is there for during your healthy checkups. It's when patients are running into the six or seven figure coverage caps on their insurance plans, the cutoffs on experimental or palliative treatments, because their body is trashed and they need a new one... that's when it's way too late. I know I'm overgeneralizing, but the point is valid. One out of fifty or a hundred might die of something other than old age, an unforeseeable accident, or something totally preventable. But that's not the vast majority of America.

    --
    Light a fire for a man and he'll be warm for a day. Light a man on fire and he'll be warm for the rest of his life.
    1. Re:The health system by spun · · Score: 1

      You are wrong about our dietary habits, and frequency of smoking. We are nowhere near the worst in the world on either count. Trying to blame our health care problems on citizens you obviously feel are inferior is simply despicable. And wrong, it's not like we have an above average number of inferior people.

      --
      - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
    2. Re:The health system by Anonymous Coward · · Score: 0

      "And wrong, it's not like we have an above average number of inferior people."

      Less educated/informed maybe.

      If they were informed then maybe they really are stupider.

  53. Re:Can't listen, Flash only I didn't listen to it, by kencurry · · Score: 2, Insightful

    Biden does a fine job of making himself look stupid, he doesn't need our help. Though surprisingly he did manage to cry in the debate...

    He was speaking of his wife and daughter who were killed as I understand it.

    What sort of heartless fuck are you? Will you laugh when your family is killed, or will you just not care?"

    --
    sigs are for losers (except to point out that sigs are for losers)
  54. Re:Flamebait =censorship by Anonymous Coward · · Score: 1, Funny

    You are not the gadfly you think you are, and you are not the martyr you wish you were.

  55. Re:Flamebait =censorship by zymano · · Score: 1

    I am greater than that.

  56. Re:Flamebait =censorship by mcgrew · · Score: 2, Informative

    No, it's not what you say, it's how you say it.

    Flamebait: "Hay, fatass, your fucking slip is showing, moron. Ain't you got a momma?"

    Discourse: "Pardon me, miss, but your slip is showing."

    Both say the same thing.

  57. Re:You must be able to see to hear this Flash audi by nschubach · · Score: 1

    For those interested... Flash has had Accessibility features since version 6 and we are closing in on version 10:
    http://www.usability.com.au/resources/flash.cfm

    --
    Every time I start to have faith in humanity, I ruin it by driving to work between 7 and 8 am.
  58. Re:Can't listen, Flash only I didn't listen to it, by Actually,+I+do+RTFA · · Score: 1

    Can't name a single supreme court decision besides Roe v. Wade.

    That she disagrees with (assuming that since the Dred Scott and Plessy v. Furgession no longer apply, she disqualified them). Quick, what decisions do you disagree with? I can think of a couple, but all the ones I know the names of are from the 70's or before, and all the ones I think of to disagree with are more contemporary (or already named).

    --
    Your ad here. Ask me how!
  59. Ice Age 2 by westlake · · Score: 1
    People seem to think that a person losing their home is the end of the world.
    .

    The 700 billion keeps the investment banking and credit markets from a total melt-down.

    If that should happen, you, your employer, your local government, won't be able to borrow money at any price.

    1. Re:Ice Age 2 by superdave80 · · Score: 1

      won't be able to borrow money at any price.

      I keep hearing things like this, but basic economic principles will prevent this from happening. Some company/investor/entrepreneur is going to fill the credit need. If I go into a bank (with good credit history and income) and say, "Please give me a $100k loan. I'm willing to give you 20% interest on it.", do you think they would turn me down? Hell no. They would lock the doors to make sure that I didn't leave the bank without signing the papers.

    2. Re:Ice Age 2 by illegalcortex · · Score: 1

      Basic economic principles say that an investor wants to get back their money, plus some profit. Paying 20% interest on a $100k loan means you are probably not very good with money and will be much more likely to default. And lets say you use something for collateral like your home. With home prices doing nothing but falling, that collateral becomes smaller and smaller each day. Collateral is part of what gives you a stake in working hard to pay off your debts.

      It's foolish to invest your money in someone who is desperate and will take terms that are clearly unfavorable. If people had paid attention to these more conservative principles, they wouldn't find themselves holding a bunch of worthless ARM mortgages that their borrowers decide to walk away from when home prices dropped.

    3. Re:Ice Age 2 by superdave80 · · Score: 1

      Paying 20% interest on a $100k loan means you are probably not very good with money

      Complete speculation on your part. Maybe I am great with money. Oh, and people were paying nearly 20% back in the early 80's for a basic mortgage. It had nothing to do with 'desperation', that was just the going rate back then.
      http://mortgage-x.com/images/graph/r_30_prime.gif

      And lets say you use something for collateral like your home.

      Never said I was using anything for collateral.

    4. Re:Ice Age 2 by illegalcortex · · Score: 1

      Complete speculation on your part.

      Of course it's complete speculation. What do you think they do when they loan you money? They speculate on the odds that you'll pay it back.

      Never said I was using anything for collateral.

      And that's precisely the problem. You're trying to say that it's wise for people to loan you money based solely on your job and credit history. It's simply not true in a bad economy, because that's when jobs become very easy to lose. All loaning money to you at 20% interest will do is make it much more likely that you will default before the lender is able to make back their original investment.

      As for the high interest rate in the 80s - what do you actually think that represents? I'll tell you - a sharp decline in mortgage lending. Those two things operate in tandem, feeding off one another. Double digit mortgage rates don't make bankers giddy, as you described. They are simply a sign that they will have a much higher default rate and therefore have to charge a higher interest rate in order by possibly break even. They're much happier lending money at LOW rates because their ability to do so means that there is much less risk and they are more likely to get their money back with profit. And they also represent the fact that people stop investing in risky mortgages and take their money to other sectors of the economy that are less risky. Hence the "credit crunch" you've been hearing so much about.

  60. Wait a minute... by darkfnord23 · · Score: 1

    Those guys sound like they care about issues, and know how to give speeches, read and write. Doesn't that disqualify them from running for president?

  61. Re:Flamebait =censorship by darkfnord23 · · Score: 1

    They obviously put "flamebait" because there's no "-1, Racist" mod. Although I think "Troll" generally covers racist remarks.

  62. Re:Can't listen, Flash only I didn't listen to it, by djp928 · · Score: 1

    You keep on thinking that, bluebie. Thinking like that is what prevented that whole "President Kerry" debacle!

  63. Those Damn Republicans by jameskojiro · · Score: 1

    This Taft recording is just further evidence that all the Republicans wanna do is keep the black man down.

    --
    Tsukasa: All I really want, is to be left alone...
    1. Re:Those Damn Republicans by Anonymous Coward · · Score: 0

      Damn them Republicans and abolishing slavery.

    2. Re:Those Damn Republicans by peektwice · · Score: 1

      One word..... "Lincoln"

      --
      Other than this text, there is no discernible information contained in this sig.
  64. Re:Flamebait =censorship by mcgrew · · Score: 1

    Actually IMO both "troll" and "flamebait" are valid mods for racist remarks. According to wikipedia, it's flamebait if it's an on-topic racist remark and a troll if it's an offtopic racist remark.

    There was no reason whatever to inject race into his remark. Had he said [subject] liberalism has progressed [body] "To a point that they now have collapsed all our banks with stupid demands for easy loans with the liberal nominee for president implicated in the scandal."

    His stupid racist comment made it look like skin color was the reason behind the econoimic collapse, which is blatantly stupid.

    I don't even know why I'm bothering responding, I guess IHBT. I'd better go back to those Biters Anonymous meetings!

  65. Re:Can't listen, Flash only I didn't listen to it, by Actually,+I+do+RTFA · · Score: 1

    Dosen't kown who the president was in the Great Depression

    Who was? Answer that and I'll reply to you.

    know what decade TV was invented

    I'm an educated man, and I don't know that. I do know that the Berlin Olympics was televised, so the 30's or earlier.

    Dosn't know what Article Two of the constitution

    You mean when he accidentally refered to Article II as Article I? He understood what the article he was quoting said.

    --
    Your ad here. Ask me how!
  66. Re:You must be able to see to hear this Flash audi by JerRocks · · Score: 1

    I'd bet Eclipse.

  67. Re:Can't listen, Flash only I didn't listen to it, by spun · · Score: 1

    Right, because the poll numbers back then were ANYTHING like they are now. And the trend lines don't look good for Republicans. It's going to be a landslide. Republicans may have fooled the American people before, but we've woken up to your pathetic tricks now. See ya at the polls, loser!

    --
    - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
  68. Re:Can't listen, Flash only I didn't listen to it, by Overly+Critical+Guy · · Score: 1

    Meanwhile, Biden says crazy shit like Americans were huddled around their TV sets in 1929 to hear the president talk about the Great Depression, or tells Chuck Graham to stand up and applaud, or claims his helicopter was "forced down" by terrorists when it was actually the weather.

    Republicans are held to a higher level of scrutiny and mocking. You won't see late-night punchlines about Joe Bidens history of gaffes (remember when he said you couldn't go into a 7-11 without hearing an Indian accent? A Republican could never get away with saying that).

    --
    "Sufferin' succotash."
  69. Re:Can't listen, Flash only I didn't listen to it, by Overly+Critical+Guy · · Score: 1

    Almost every poll!
    .
    .
    .
    .
    .
    .
    .
    .
    (on DailyKos...)

    It is not "in the bag" for Democrats. Kerry fans thought the same thing four years ago. Even the exit polls showed Kerry with the lead on election day. Americans don't elect liberal presidents, and Obama is one of the most liberal senators in America.

    --
    "Sufferin' succotash."
  70. Re:Can't listen, Flash only I didn't listen to it, by oddfox · · Score: 1

    Back in the day more people had respect for a man showing the most raw emotions that we all feel at one point or another, and time does very little to deaden the loss of people near and dear to your heart (I cannot fathom just how great a loss a wife and daughter would be). It's a shame that Bidens heartfelt moment on stage is ridiculed by sad individuals such as yourself who thinks everyone should be stone-cold, and if they aren't they're some kind of sissy or just trying to get sympathy votes.

    I'll tell you this right now, nobody is voting for the Obama/Biden ticket because of that emotional slip, if it did anything it harmed the ticket because of the emotionally-dead state most of this nation is living in. Why you insist on claiming this man is just letting out crocodile tears is bewildering, and I don't need to ask, I know what kind of heartless fuck you are. You probably think that Abraham Lincoln was a big baby, but that's OK, because it's not like anyone needs your validation anyways, prick.

    --
    "We invented personal computing." - Bill Gates
  71. Re:You must be able to see to hear this Flash audi by Reziac · · Score: 1

    Could be; things do change rapidly in sitebuilding tools, and I haven't paid much attention in the past year or two. Whatever tools are presently being used don't usually ID-tag the page source.

    I'd still like to hurt 'em, tho... increasingly, without flash you can't even get into a site. They want both latest and greatest, and don't even bother with a skip-to-navigation link. Bah, I just go elsewhere. Ain't nothing online I need that bad.

    --
    ~REZ~ #43301. Who'd fake being me anyway?
  72. Re:Flamebait =censorship by zymano · · Score: 1

    You might want to check into the fanniemae problem before you open your mouth again.

  73. Re:Can't listen, Flash only I didn't listen to it, by spun · · Score: 1

    Just keep telling yourself that. Your posts reek of right wing desperation.

    Can you show me any poll that DOESN'T show Biden winning? I'm talking ABC, NBC, CBS, CNN... what polls are you seeing?

    --
    - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
  74. Re:Can't listen, Flash only I didn't listen to it, by Anonymous Coward · · Score: 1, Insightful

    While almost every poll shows Biden winning the debate, they also pretty much universally show that Palin exceeded expectations much more so than Biden. In that regard, it was a win for the Republicans.

    If you consider that there were many Americans who went into that debate thinking that they'd like to Vote for McCain, but couldn't on the possible chance that a 72-76 year old would keel over and die and we'd be left with Palin who would make the Bush years seem like an enlightened era. But with her performance, she's upgraded her status from "can't construct sentences" to "wholly unqualified" in many people's eyes. And that frees them up to vote for McCain if they feel he'd make the better president.

    I'd say that in this election, more than any other that I've been alive to see, the issue of the vice president's competency is important. Normally, the VP does very little, and that wouldn't much change for the two VP candidates. But with one candidate being 72 years old and the other candidate being an African-American (nothing against him personally, but there are a lot of racist nut-jobs out there that could resort to violence rather than live with having a black President), the importance of who would take over the office of President in the event of the elected President's death will factor into people's decision making.

    And in that regard, Palin did well enough that she may be considered, if not yet an asset to McCain, at least not a large a liability as she seemed to be going into the debate.

  75. My random thoughts by Muros · · Score: 1

    1st guy: Interesting accent. Kind of a cross between british and dutch, might say something about the origins of certain parts of current american society. 2nd guy: Some say he's "condescending" about black people but what I find interesting is that he A) is a republican and B) sounds like he genuinely cares. When did this change?

  76. 38? Try 80 by p3d0 · · Score: 1

    We're all comparing this to the Great Depression.

    --
    Patrick Doyle
    I mod down every jackass who puts his moderation policy in his sig. Oh, wait a sec....
  77. Re:Flamebait =censorship by Anonymous Coward · · Score: 0

    Unfortunately, Troll covers them even if those racist remarks are absolutely true.

  78. Re:Can't listen, Flash only I didn't listen to it, by oddfox · · Score: 1

    Yeah because republicans always get reamed by the media when they say stupid and offensive things. Why don't we stop pretending that Republicans get all the flak while Democrats get off without even a warning?

    Do things slip through the cracks with regards to mainstream media reporting things? Of course, nobody is going to argue that. But to pretend one party has been issued a pass while the other is being heckled at every step is just ridiculous. Hell, it wasn't even too long ago that the media couldn't shut up about that Reverend everyone kept hearing so much of, and that supposed tape of Michelle Obama yelling about "whitey".

    --
    "We invented personal computing." - Bill Gates
  79. Chuck Hagel, CRA loans by weston · · Score: 1

    While we're at it, McCain authored a similar regulation in the Senate in 2005, yet he's somehow being blamed for the lack of regulations that caused the mortgage failures.

    Chuck Hagel's the original sponsor of the bill, McCain wasn't on the list of 2005 cosponsors, so I don't think he can have a reasonable claim to authorship. He did become a cosponsor sometime after the bill got stuck in committee, for which he probably deserves some credit.

    He's probably getting hammered for his support of Gramm-sponsored deregulation legislation. Not that he's by any means alone in this, so it's somewhat unfair, though he is more than casually connected with Gramm, so it's hard to say.

    In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders.

    There's a distinction here that's important to understand. FM/FM played a role in the problems, but most of that appears to have been overleveraging based on implied guarantees from the government and investment in overrated CDOs like every other private institution that's in trouble -- *not* their involvement in CRA loans, which were fully-underwritten and whose recipients definitely had to show ability to repay. As far as I've seen, CRA loans actually have a higher repayment rate and lower default rate than general commercial lending over the last 10 years.

  80. Anti- by weston · · Score: 2, Interesting

    People think that conservatives are anti-intellectual, which isn't necessarily the case. It's that they're anti-elitism.

    That's fine as far as it goes, but the question is -- where does a lack of respect for real elite achievements begin?

    When you're going in for surgery, are you going to be anti-elite?

    The school district where I grew up put in a math program that was utterly and completely worthless. Math scores tanked, parents complained, and it was hard to believe that even 30% of the parents supported the new math program. However, the district stuck to their guns because some college professors thought it was the best thing in the world.

    Anybody who understand that practical results matter more than expert advice is exhibiting common sense. I don't think most people are going to argue otherwise. I get really, really nervous, however, when people start to question whether expertise is important at all -- or the idea that looking towards expertise is "elitism."

    Fortunately, there's signs that this isn't actually so much a conservative philosophy as it is a convenient tool for discarding expert advice that you don't want to believe, regardless of where you are on the political spectrum. And there's plenty of evidence that the accomplished and wealthy are happy to support conservative politics as well as liberal.

  81. explain where the lie is then, you idiot by rohan972 · · Score: 1
    Ok, let's examine what I said so you can point out the lie:

    Anyone who claims the unrestricted right to abortion is claiming that you have a right to engage in activity that you know is likely to result in pregnancy and still have an abortion, negating the natural consequences of that activity.

    This is what you claim is a lie. It can be broken down to:
    (1) There are people who claim the unrestricted right to abortion.
    http://www.publicagenda.org/discussion-guides/supporting-abortion-rights
    PERSPECTIVE IN DETAIL
    compare with other perspectives
    What Should be Done?
    # Pass laws guaranteeing a woman's unrestricted right to abortion.

    It would be trivially easy to find other links supporting this, but there is no need, that part of what I said is demonstrated to be true.

    (2) pregnancy is a known consequence of sex.
    Obviously true.

    (3) It is possible by various methods to eliminate or reduce the possibility of pregnancy (have other than vaginal sex, contraceptives, etc. Some are more certain than others). Therefore a woman has the ability to not be pregnant without having access to abortion
    Obviously true.

    (4) Abortion is a way of terminating a pregnancy, that is it "negates the natural and preventable consequence of sex".
    That's what abortion is, it is the whole point of it. Again, obviously true.

    Well, that's the entirety of my statement, I don't see a lie there at all. Now I grant that pro-choicers don't phrase it the way I have, but that is what the "unrestricted right to abortion" amounts to and most pro-choicers wouldn't even really dispute it. What they would contend is that a fetus does not have human rights and therefore it is quite ok to terminate it. I admit there are intelligent arguments in favor of this view, even though I don't agree that we should approach the issue that way in the law. However, women who aren't raped or some similar circumstance outside their control have the ability to avoid pregnancy even without abortion. Every other method requires you to make the decision before sex, abortion enables you to make the decision after.

    You made the accusation that I'm lying, you can't back it up, so shut up.

    1. Re:explain where the lie is then, you idiot by VoidCrow · · Score: 1

      > However, women who aren't raped or some similar circumstance outside their control have the ability to avoid pregnancy even without abortion.

      Uh, so there's a guaranteed 100% effective means of birth control? Besides not having sex at all?

      And what about grey area rape? He pushed the issue; she lacked the will to walk away because she's lonely and fucked up? I could spout a hundred other scenarios that reflect on life.

      So, black and white. Gotta love those minimalist reasoning skills. And, what about the *guy*?

      I'm tempted to be very rude.

  82. if you read the thread ... by rohan972 · · Score: 1
    ... you'll see I wasn't trying to give a definitive position on abortion. I quote myself: Disclaimer: this post should not be taken to reflect my views on abortions in the case of rape, incest, risk of life to the woman or any other circumstance than abortion on demand. I was giving a response to someone who call pro-lifers anti-choice. It's as stupid as calling pro-choice anti-life or pro-death. I'd appreciate it if you would read my comments in the context of what I was replying to.

    Uh, so there's a guaranteed 100% effective means of birth control? Besides not having sex at all?

    Anal sex, oral sex, mutual masturbation, hysterectomy. Abstinence is an option. I don't like wasting my time though, so I won't be attempting to impose that on anyone, not being partial to it myself anyway. Some people do seem to take that path though, so let's not pretend it isn't an available choice. Certainly let's not pretend that abortion is the only way a woman can choose whether or not to be pregnant. It may be some women's preferred choice, but it's not the only one. The defining differences of abortion as a choice (in the case of women that become pregnant as a result of consensual sex) are that the decision to not be pregnant can be made after the pregnancy rather than before the sexual activity and that vaginal sex can be had without consequence of full-term pregnancy. So it provides choice in the case of people who lack forethought or want the activity of vaginal sex without any consequence of pregnancy. I've never seen anything that convinced me of that being a fundamental human rights issue. Now people could argue on the right or wrongness of that, fine, right to free speech and all, but the AC accused me of lying which was unjustified.

    And what about grey area rape? He pushed the issue; she lacked the will to walk away because she's lonely and fucked up?

    She had the ability to choose, that's all I said. If she truly didn't have the ability to choose then that is covered adequately by my statement that you quoted "However, women who aren't raped or some similar circumstance outside their control have the ability to avoid pregnancy even without abortion."

    I could spout a hundred other scenarios that reflect on life.

    None of which I was giving an opinion on, as I clearly stated.

    So, black and white. Gotta love those minimalist reasoning skills.

    Yes, I've just been so black and white. Like acknowledging circumstances not covered by the points I made [referenced above] and acknowledging there is something to the opposing view. I admit there are intelligent arguments in favor of this view, even though I don't agree that we should approach the issue that way in the law. Is it minimalist reasoning skills, to deal with one particular point of an issue without trying to apply that point to every circumstance? To oppose the labelling of each other? To reason that choice is available without abortion?

    I'm tempted to be very rude.

    Why? Doesn't that reflect more poorly on you than on me?

    1. Re:if you read the thread ... by Anonymous Coward · · Score: 0

      Educate yourself: Hysterectomy is NOT an option because they're bloody well next to impossible to get without having cancer dripping out your nose. I know, I keep trying. "Sorry honey, I'm afraid you'll sue me when you want kids later".

  83. Re:Can't listen, Flash only I didn't listen to it, by toddestan · · Score: 1

    The talking point being thrown around is that she "exceeded expectations", which I don't disagree with. But this isn't the second grade, where everyone is a winner and Palin gets the "Most Improved Award". This was the VP debate, the future of the nation is at stake, and I'm rather tired of people giving Palin participation points just for showing up. The fact is that Biden soundly defeated her, which was obvious to anyone who watched the debate, and that's what the polls show (well, except perhaps at Free Republic or something).

    I don't disagree with you about the Democrats. Their attitude helped them lose the 2004 election which should have been an easy win for them, and I don't put it past them to screw this one up too (voting irregularities in the swing states aside).

  84. holy crap no by r00t · · Score: 1

    abortion, gay agenda, gun confiscation, etc.

    She's terrifying to republicans.

    Her support for bunsiness is totally centered
    around the entertainment industry (movies, music).
    That's generally a democrat thing.

  85. new new math by r00t · · Score: 1

    The new new math really is a democrat/libral thing.

    To hide the fact that certain unfairly favored
    groups of people (darker skin or non-English)
    frequently have trouble with math, we make math
    into some kind of feel-good fuzzy mess with no
    right answers.

    We ask math questions that can be answered only
    with guess-and-check methods, at least without
    fancy PhD-level stuff. We ask kids to write
    about their "favorite" number. We don't teach
    how to really manipulate numbers. We have kids
    using 1st-grade tools like counting sticks in
    middle school or even high school. We pretend
    to teach advanced stuff (statistics, fractals,
    vector calculus) with a treatment that is
    superficial, incomplete, and confusing.

    Typically this is called "constructionism" or
    "constructivism", but proponents of those ideas
    often try to wiggle away when this is pointed out.
    (claiming that the new-new-math people are
    doing it wrongly or are otherwise not real)

    1. Re:new new math by retchdog · · Score: 1

      Republicans and Democrats alike have made critical mistakes in our education policy. However, what you correctly call new new math, I believe is the fault of an educator-elite which happens to lean left, possibly because they are egalitarian-to-a-fault, or more likely have just "drunk the kool-aid" and are caught in a dogmatic program.

      I have trouble connecting this to the Democratic party in a strong sense, just like I have trouble believing that the Republicans made Enron happen. Rather, they are each generally unwanted outcomes of social experiments. (Some people would defend fuzzy egalitarian math, just like some people defend Enron as having been the right thing to happen. I disagree with both, as do many of my liberal or conservative friends.)

      Oh yeah, and as a grad student in a quantitative field, I've found that those "guess and check methods" never go away - they are just now called "analytic arguments". The problem is, that education tries to teach the intuition which is hard-or-impossible, so they just pretend to do it, while letting the motivated/talented rot.

      --
      "They were pure niggers." – Noam Chomsky
  86. nope, doesn't work that way by r00t · · Score: 1

    Suppose we put aside a huge chunk of money for
    a period of 40 to 80 years. We then decide to
    use it. (as you're suggesting for social security)

    That works if your definition of "huge" is on
    a personal scale. You can invest over the years,
    then make use of the money.

    That doesn't work if your definition of "huge"
    is on a national scale. The economy reacts when
    you suddenly want to use the money. When a bunch
    of unproductive (elderly) people suddenly spend
    money, you have a problem. You might as well
    just be running the printing presses to make
    more money.

  87. Current Politician are dumb compared to these two by Anonymous Coward · · Score: 0

    I like how they explained how things where going to work with the banking system. Seem very scientific, try idea on small scale then move idea to a larger scale or take successful small idea and expand it to a larger group. Now day you hear a lot of hand waving, and promises without sound reasoning or successful examples.

  88. You already know ... by rohan972 · · Score: 1
    ... that my point was that without abortion the choice has to be made before sex rather than after pregnancy. As for this:

    people will do it regardless of whether it's legal or not, but if it's legal it will be safer

    I don't see what that has to do with whether anti-choice is an appropriate label for the pro-life movement. As I said regarding my own post: That is not an anti-abortion argument, it's a "anti-incorrect labelling of people who disagree" argument.
    Since you bring it up though: If it was decided that abortion should be illegal, it could only really be on the basis that we had decided to extend legal protection of human rights to the unborn. In that case, it would be regarded as murder or some similar violation of the criminal code. If that was so "people do it anyway" ceases to be a justification for legalisation as we don't accept that reasoning for murder, robbery or any other crime. "It is safer" would be invalid as any successful abortion would be regarded to have resulted in a fatality, rather like a "safe" execution. So if we don't give legal protection of human rights to the unborn, your argument is unnecessary, if we do it is inadequate.