Topic: If any Trump opponent is to deliver “The Speech,"
started by: the breeze
Posted by the breeze on Mar. 05 2016,7:13 am
If any Trump opponent is to deliver “The Speech," it better rival this one.< https://youtu.be/j9sG5laykdo >
By Glenn Delk – 3.4.16
Dan Henninger, a columnist for the Wall Street Journal, recently wrote that those seeking to derail Donald Trump’s express train to the GOP nomination should give “The Speech.” Mr. Henninger opined that it was time for Ted Cruz or Marco Rubio to deliver a rival to Nixon’s “Checkers speech,” John Kennedy’s speech on Catholicism, or Barack Obama’s 2008 speech on race. However, the gold standard for Mr. Henninger is Ronald Reagan’s 1964 speech, “A Time for Choosing.”
His column prompted me to reread the transcript from over 50 years ago. Having done so, I now understand Mr. Henninger’s advice, but would add this caveat. Today, March 2016, is the time for all Americans to read Mr. Reagan’s speech as if he were giving it today. When Republicans, Democrats, liberals, conservatives, rich, poor, white, black or Hispanic, take the time to put Reagan’s words into today’s context, they will understand what a true leader is. They will also understand that much of what Reagan said in 1964 applies in 2016, only with more urgency.
Consider the issues that concerned Mr. Reagan in 1964 about America’s future:
•“No nation in history has ever survived a tax burden that reached a third of its national income…”
•“We haven’t balanced our budget in 28 out of the last 34 years. We’ve raised our debt limit three times in the last twelve months, and our national debt is one and one half times bigger than all the combined debts of the nations of the world…”
•“We’re at war with the most dangerous enemy that has ever faced mankind in his long climb from the swamp to the stars…”
•Some Democratic representatives define “liberalism as ‘meeting the material needs of the masses through the full power of centralized government…’”
•“Well, I, for one, resent it when a representative of the people refers to you and me, the free men and women of this country, as ‘the masses.’ This is a term we haven’t applied to ourselves in America. But beyond that, ‘the full power of centralized government’ — this was the very thing the Founding Fathers sought to minimize…”
Obviously, Mr. Reagan could be describing the America of 2016, not one from 50 years ago. In his speech, he went on to identify other problems familiar to today’s American citizens, such as:
< http://spectator.org/articles/65683/our-time-choosing-or-down >
Posted by grassman on Mar. 05 2016,7:30 am
I just don't understand all the worship that goes to Reagan.Are not "we the people" the same as the masses? How many new govt agencies have been born in the last 50 years? One of the largest, DEA, comes to mind. Reagan was behind one of the largest arms and drug scandals of all time. George H Bush came from the CIA did he not? The Contras, the Iran arms. What a model citizen.
Posted by Botto 82 on Mar. 05 2016,9:16 am
Government spending increased under Reagan, all the while his Treasury Secretary was laying the groundwork for an unprecedented shift of the tax burden from the wealthy to the middle class. I guess he forgot all that 'the masses' bugle oil by the time he was President.
Posted by Self-Banished on Mar. 05 2016,1:05 pm
(grassman @ Mar. 05 2016,7:30 am)
QUOTE
I just don't understand all the worship that goes to Reagan.
Are not "we the people" the same as the masses? How many new govt agencies have been born in the last 50 years? One of the largest, DEA, comes to mind. Reagan was behind one of the largest arms and drug scandals of all time. George H Bush came from the CIA did he not? The Contras, the Iran arms. What a model citizen.
Are not "we the people" the same as the masses? How many new govt agencies have been born in the last 50 years? One of the largest, DEA, comes to mind. Reagan was behind one of the largest arms and drug scandals of all time. George H Bush came from the CIA did he not? The Contras, the Iran arms. What a model citizen.
Maybe this will help you
< http://www.forbes.com/sites...6fb3c92 >
As far as weapons, I don't seem to remember Reagan giving Iran the opportunity to develop nuclear weaponsi as Buster has.
Posted by stardust14 on Mar. 05 2016,11:28 pm
A metaphor for Reagan's infamous trickle down economics would be the Rio Grande River. Resources dammed and siphoned off to sin city Las Vegas, pipelines to wealthy retirement cities in the desert, irrigation canals to mega desert farms. Virtually no water reaching the Gulf. I do hear some trickling, though. It's Hank Paulson, Larry Summers, Paul Geithner, investment bankers pissing on foreclosed home owners, unemployed workers, and homeless veterans.
Solution>Emasculation via samurai.
Posted by Self-Banished on Mar. 06 2016,8:33 am
(stardust14 @ Mar. 05 2016,11:28 pm)
QUOTE
I do hear some trickling, though. It's Hank Paulson, Larry Summers, Paul Geithner, investment bankers pissing on foreclosed home owners, unemployed workers, and homeless veterans.
Solution>Emasculation via samurai.
Solution>Emasculation via samurai.
Yeah, right, "yawn" most of those home owners lost their homes due to to piss-poor financial management, excessive credit card debt, using the equity in their home like a piggy bank but never replenishing. A lot of them should have never been able to qualify for a mortgage, their saving grace? A meddlesome dem party and willing R party that went back to the Carter years.
Samurai? Are you one of those creepy types that has swords on display all over your apartment?
Posted by Rosalind_Swenson on Mar. 06 2016,9:40 am
One of many Sander's videos on trickle-down economics. From 1992. The Reagan-Bush fraudsters are back:< View on YouTube >
Posted by Botto 82 on Mar. 06 2016,11:36 am
(Self-Banished @ Mar. 06 2016,8:33 am)
QUOTE
Yeah, right, "yawn" most of those home owners lost their homes due to to piss-poor financial management, excessive credit card debt, using the equity in their home like a piggy bank but never replenishing. A lot of them should have never been able to qualify for a mortgage, their saving grace? A meddlesome dem party and willing R party that went back to the Carter years.
Are you serious? Your knowledge of the financial markets and the cause of the '08 meltdown is biased, at best.
Markets rely on Standard and Poor's to objectively rate debt, but the companies that want a favorable debt rating are the same companies that pay Standard and Poor's.
Banks wrote a ton of bad mortgages to people who they knew were going to default. It's called predatory lending. Then they hid those bad mortgages inside good ones to shine up the books for S & P, which gave them AAA ratings. Then they bundled the whole thing, and sold it to Fannie Mae and Freddie Mac, which was owned by you and me, the taxpayers. And then the banks bet on those loans defaulting. Not that much different from fixing a college basketball game, except a ton of people wind up broke and homeless. Those people can't buy things anymore, so businesses start going out of business, and more people are broke. When you start eliminating consumers, you start eliminating jobs, which eliminates consumers, and you see where this is going.
You want poor people on welfare to be held responsible for the fiscal state of the country, but yet you're willing to turn a blind eye to the banksters with six and seven digit incomes that got them there in the first place.
(Self-Banished @ Mar. 06 2016,8:33 am)
QUOTE
Samurai? Are you one of those creepy types that has swords on display all over your apartment?
No, but I know such a guy. He looks like Newman on Seinfeld, and is into all things Japanese.
Posted by Botto 82 on Mar. 06 2016,11:38 am
(stardust14 @ Mar. 05 2016,11:28 pm)
QUOTE
Solution>Emasculation via samurai.
Weak sauce. I think you meant evisceration.
Posted by Self-Banished on Mar. 06 2016,1:20 pm
Predatory lending? Are you serious is the proper question.It's very doubtful there were thugs at closing breaking legs, twisting arms.
Holy sh!t!
Posted by stardust14 on Mar. 06 2016,1:46 pm
(Botto 82 @ Mar. 06 2016,11:38 am)
QUOTE
(stardust14 @ Mar. 05 2016,11:28 pm)
QUOTE
Solution>Emasculation via samurai.
Weak sauce. I think you meant evisceration.
We must begin somewhere. End the trickling down first. Then work up through the abdominal cavity searching for a heart. Nothing there. Continue to the top, finding only several grams of cancerous cranial matter. Remove and close up with 8 penny nails. Attach leg irons and ship to Sing Sing prison. Prisoners there will finish the operation.
Posted by Botto 82 on Mar. 06 2016,1:47 pm
(Self-Banished @ Mar. 06 2016,1:20 pm)
QUOTE
Derp derp derp derp derp derp derp da derp.
Derpitty derp derp derp derp derp and derp da derp.
Holy derp!
Derpitty derp derp derp derp derp and derp da derp.
Holy derp!
Seriously, you can't be that obtuse, and still have a CDL. Someone should look into this.
It's a fairly well-documented phenomenon.
< https://en.wikipedia.org/wiki/Predatory_lending >
Posted by Self-Banished on Mar. 06 2016,4:50 pm
1. Who twisted their arm? You're not entitled to own a house, it used to be that folks worked hard and came up with 20% down. The clowns in the 90's and 2000's barely had to come up with closing fees.2. If you had a CDL (and I seriously doubt you could pass the test) You'd probably be one of those that has an accident the just walks away (I've seen it happen)
3. If you find that disturbing, I'm considering testing for my NRA certification.
Posted by Rosalind_Swenson on Mar. 07 2016,1:13 am
Dang Stardust, you're brutal lol. I like it. It's impossible to copy and paste the most important parts of that Financial Crisis Inquiry report since it's hundreds of pages long. So here's what the commission found being the main reasons for the crash.
• We conclude widespread failures in financial regulation and supervision
proved devastating to the stability of the nation’s financial markets.
• We conclude dramatic failures of corporate governance and risk management
at many systemically important financial institutions were a key cause of this crisis.
• We conclude a combination of excessive borrowing, risky investments, and lack
of transparency put the financial system on a collision course with crisis.
• We conclude the government was ill prepared for the crisis, and its inconsistent
response added to the uncertainty and panic in the financial markets.
• We conclude there was a systemic breakdown in accountability and ethics.
• We conclude collapsing mortgage-lending standards and the mortgage securitization
pipeline lit and spread the flame of contagion and crisis.
• We conclude over-the-counter derivatives contributed significantly to this
crisis.
• We conclude the failures of credit rating agencies were essential cogs in the
wheel of financial destruction.
As far as the bad lending policies, this is some of the things in the report:'
QUOTE
Some borrowers
naively trusted mortgage brokers who earned more money placing them in risky
loans than in safe ones. With these loans, buyers were able to bid up the prices of
houses even if they didn’t have enough income to qualify for traditional loans.
...
Under the radar, the lending and the financial services industry had mutated. In
the past, lenders had avoided making unsound loans because they would be stuck
with them in their loan portfolios. But because of the growth of securitization, it
wasn’t even clear anymore who the lender was. The mortgages would be packaged,
sliced, repackaged, insured, and sold as incomprehensibly complicated debt securities
to an assortment of hungry investors. Now even the worst loans could find a buyer.
More loan sales meant higher profits for everyone in the chain.
...
She told him that besides predatory lending
practices such as flipping loans or misinforming seniors about reverse mortgages,
she also witnessed examples of growing sloppiness in paperwork: not crediting payments
appropriately or miscalculating accounts.
...
“Our multistate
investigation of Ameriquest revealed that the company engaged in the kinds of
fraudulent practices that other predatory lenders subsequently emulated on a wide
scale: inflating home appraisals; increasing the interest rates on borrowers’ loans or
switching their loans from fixed to adjustable interest rates at closing; and promising
borrowers that they could refinance their costly loans into loans with better terms in
just a few months or a year, even when borrowers had no equity to absorb another
refinance.
...
“It didn’t take Sherlock Holmes to figure out this was bogus,” Cox told the Commission.
As he tried to figure out why Ameriquest would make such obviously fraudulent
loans, a friend suggested that he “look upstream.” Cox suddenly realized that
the lenders were simply generating product to ship to Wall Street to sell to investors.
“I got that it had shifted,” Cox recalled. “The lending pattern had shifted.”
Ultimately, states and the District of Columbia joined in the lawsuit against
Ameriquest, on behalf of “more than , borrowers.” The result was a million
settlement. But during the years when the investigation was under way, between
and , Ameriquest originated another . billion in loans, which then
flowed to Wall Street for securitization.
naively trusted mortgage brokers who earned more money placing them in risky
loans than in safe ones. With these loans, buyers were able to bid up the prices of
houses even if they didn’t have enough income to qualify for traditional loans.
...
Under the radar, the lending and the financial services industry had mutated. In
the past, lenders had avoided making unsound loans because they would be stuck
with them in their loan portfolios. But because of the growth of securitization, it
wasn’t even clear anymore who the lender was. The mortgages would be packaged,
sliced, repackaged, insured, and sold as incomprehensibly complicated debt securities
to an assortment of hungry investors. Now even the worst loans could find a buyer.
More loan sales meant higher profits for everyone in the chain.
...
She told him that besides predatory lending
practices such as flipping loans or misinforming seniors about reverse mortgages,
she also witnessed examples of growing sloppiness in paperwork: not crediting payments
appropriately or miscalculating accounts.
...
“Our multistate
investigation of Ameriquest revealed that the company engaged in the kinds of
fraudulent practices that other predatory lenders subsequently emulated on a wide
scale: inflating home appraisals; increasing the interest rates on borrowers’ loans or
switching their loans from fixed to adjustable interest rates at closing; and promising
borrowers that they could refinance their costly loans into loans with better terms in
just a few months or a year, even when borrowers had no equity to absorb another
refinance.
...
“It didn’t take Sherlock Holmes to figure out this was bogus,” Cox told the Commission.
As he tried to figure out why Ameriquest would make such obviously fraudulent
loans, a friend suggested that he “look upstream.” Cox suddenly realized that
the lenders were simply generating product to ship to Wall Street to sell to investors.
“I got that it had shifted,” Cox recalled. “The lending pattern had shifted.”
Ultimately, states and the District of Columbia joined in the lawsuit against
Ameriquest, on behalf of “more than , borrowers.” The result was a million
settlement. But during the years when the investigation was under way, between
and , Ameriquest originated another . billion in loans, which then
flowed to Wall Street for securitization.
No idea why the copy and paste thing turned all the numbers into little squares, and right now I'm not going back to fill it in.
SB, you could read the freakin report and get a little more educated on the matter. But we do realize how much you prefer to be willfully ignorant so you can blame everything on the stupid and poor.
Banks and mortgage companies lying and cheating? Not their fault.
Ratings agencies lying and cheating? Not their fault.
Banks and investment companies defrauding investors? Not their fault.
Regulators turning a blind eye or lying? Not their fault.
Banks, Investment Companies and Regulatory Agencies punishing whistleblowers for years leading up to the crisis? Not their fault.
Big banks influencing legislation to pave the way for the catastrophe? Not their fault.
Yep, if there were no poor or stupid people, everything would be just fine.
Posted by Self-Banished on Mar. 07 2016,10:34 am
(Rosalind_Swenson @ Mar. 07 2016,1:13 am)
QUOTE
Yep, if there were no poor or stupid people, everything would be just fine.
Smartest statement you've made in months.
Posted by stardust14 on Mar. 07 2016,6:44 pm
Rosalind, my statements may seem harsh on the surface. Reading your post listing failures of corrupt banks and government officials only reinforces actions needed. Hidden between those lines of ethical failures are decades of injustice, human suffering on a vast scale, and complacency on the part of the public. When outrage is limited to internet forums nothing will change. The French video of a crowd attacking a corrupt corporate scum is encouraging. This country refuses to deal with the problem the nice way, as Bernie suggests. The public's hands are filthy also, cashing in while the big boys eviscerate (Botto's term) our economy, pitting us against one another. Moronic trolls aren't the problem. It's our local Chamber, neighbors, etc who buy into the game. And when their game implodes they blame others.
Posted by Rosalind_Swenson on Mar. 07 2016,8:02 pm
I understand Stardust. I just feel that we can't have any sort of change until more people realize what has, and is, actually happening. QUOTE
Those who make peaceful revolution impossible will make violent revolution inevitable. JFK
I'm still hoping for the peaceful revolution part of that quote to work out. I'm really hoping to avoid the violent revolution part.
Posted by Self-Banished on Mar. 08 2016,4:54 am
(Rosalind_Swenson @ Mar. 07 2016,8:02 pm)
QUOTE
I understand Stardust. I just feel that we can't have any sort of change until more people realize what has, and is, actually happening.
I'm still hoping for the peaceful revolution part of that quote to work out. I'm really hoping to avoid the violent revolution part.
QUOTE
Those who make peaceful revolution impossible will make violent revolution inevitable. JFK
I'm still hoping for the peaceful revolution part of that quote to work out. I'm really hoping to avoid the violent revolution part.
So you're saying this could become violent, wow
Is the sky blue in your world? A touch of reality in your world might be needed.Got a pic of this guy on the wall?
Posted by grassman on Mar. 08 2016,10:36 am
What was the Revolutionary War? Wasn't quite a bake sale now was it. Why did the war happen? You yourself have said that our govt does no longer represent us to the effect they are supposed to.
Posted by Self-Banished on Mar. 08 2016,12:15 pm
Ah, sedition Besides the fact that Amercans during the Revolutionary War were a tough bunch, not a bunch of whining pansies screaming about free sh!t and "where's mine"
Posted by stardust14 on Mar. 08 2016,2:59 pm
"tough bunch"? Indeed, many were. Tough guys who enjoyed servants and slaves to do their work while they were busy eradicating the Native population. Where are the tough guys today as oligarchs steam-roll over their lives? Dutiful servants, scratching the back of their masters, fearful of stepping into the public square to protest lest they jeopardize their precious servant status, clinging to a Constitution as security blanket, not willing to defend human rights within. Bunker mentality is weak. Proof is Wallstreet and DC.
Posted by Self-Banished on Mar. 08 2016,6:13 pm
^^ wow, life is just terrible for you isn't it? You must carry the weight of the world 
so where and when's the next pity party? 
Posted by stardust14 on Mar. 08 2016,6:28 pm
Another penny for Stinkbox. Pavlov lives.
Posted by Self-Banished on Mar. 09 2016,4:13 am
^^yeah right pal Keep going with this, entertaining as hell :
But it is getting old, what have you got to freshen it up abit?
Posted by Self-Banished on Mar. 10 2016,3:56 pm
< http://youtu.be/AoA_mjVrvs4 >Obviously a union member, sucker punch city
