Comments on: PARLIAMENT OF MORONS http://www.healthcarebs.com/2008/09/29/parliament-of-morons/ Cleaning the Augean Stables of the Health Care Debate Thu, 11 Mar 2010 16:50:16 +0000 http://wordpress.org/?v=2.3.3 By: Marc Brown http://www.healthcarebs.com/2008/09/29/parliament-of-morons/#comment-330335 Marc Brown Wed, 01 Oct 2008 10:00:55 +0000 http://www.healthcarebs.com/2008/09/29/parliament-of-morons/#comment-330335 'An army of democrat party felons have conducted the greatest theft in the history of the world. They all made enormous ill-gotten wealth: from bought and paid for politicians, to crooked mortgage brokers, to a thouroughly corrupted Fannie Mae leadership, all down the line. Obama, Dodd, Garelick, the Clintons: how the money rolled in.' So a sound case for heavy regulation then. Well done! ‘An army of democrat party felons have conducted the greatest theft in the history of the world. They all made enormous ill-gotten wealth: from bought and paid for politicians, to crooked mortgage brokers, to a thouroughly corrupted Fannie Mae leadership, all down the line. Obama, Dodd, Garelick, the Clintons: how the money rolled in.’

So a sound case for heavy regulation then. Well done!

]]> By: SmartDoc http://www.healthcarebs.com/2008/09/29/parliament-of-morons/#comment-329919 SmartDoc Tue, 30 Sep 2008 22:34:51 +0000 http://www.healthcarebs.com/2008/09/29/parliament-of-morons/#comment-329919 An army of democrat party felons have conducted the greatest theft in the history of the world. They all made enormous ill-gotten wealth: from bought and paid for politicians, to crooked mortgage brokers, to a thouroughly corrupted Fannie Mae leadership, all down the line. Obama, Dodd, Garelick, the Clintons: how the money rolled in. And we are going to bail them out? The $700 billion is totally wasted since no change is made in the democrat party laws mandating bad motgages by banks. Any surviving banks are all doomed to failure for precisely the same reason that the previous banks all failed. And this the army of criminals who want to get its evil hands on health care money. An army of democrat party felons have conducted the greatest theft in the history of the world. They all made enormous ill-gotten wealth: from bought and paid for politicians, to crooked mortgage brokers, to a thouroughly corrupted Fannie Mae leadership, all down the line. Obama, Dodd, Garelick, the Clintons: how the money rolled in.

And we are going to bail them out?

The $700 billion is totally wasted since no change is made in the democrat party laws mandating bad motgages by banks.

Any surviving banks are all doomed to failure for precisely the same reason that the previous banks all failed.

And this the army of criminals who want to get its evil hands on health care money.

]]> By: Marc B. http://www.healthcarebs.com/2008/09/29/parliament-of-morons/#comment-329884 Marc B. Tue, 30 Sep 2008 21:49:45 +0000 http://www.healthcarebs.com/2008/09/29/parliament-of-morons/#comment-329884 'His solution, I suspect, is much more regulation.' Too right - what you don't seem to realise is that the bulk of the lax sub-prime lending was not in the most regulated parts of the market. ‘His solution, I suspect, is much more regulation.’

Too right - what you don’t seem to realise is that the bulk of the lax sub-prime lending was not in the most regulated parts of the market.

]]> By: Richard M. http://www.healthcarebs.com/2008/09/29/parliament-of-morons/#comment-329755 Richard M. Tue, 30 Sep 2008 18:38:28 +0000 http://www.healthcarebs.com/2008/09/29/parliament-of-morons/#comment-329755 I found the Wapo piece unconvincing. The writer never attempts to place the blame for the housing bubble where it belongs. He makes reference to "poorly regulated mortgage debt." His solution, I suspect, is much more regulation. He says, "the free market and Wild West capitalism of recent decades will be forever changed." Really? I missed it. He must be talking about the late 1800's. This, I think, is a much better explanation of the current difficulties: http://www.cnn.com/2008/POLITICS/09/29/miron.bailout/ I found the Wapo piece unconvincing. The writer never attempts to place the blame for the housing bubble where it belongs. He makes reference to “poorly regulated mortgage debt.” His solution, I suspect, is much more regulation. He says, “the free market and Wild West capitalism of recent decades will be forever changed.” Really? I missed it. He must be talking about the late 1800’s.

This, I think, is a much better explanation of the current difficulties: http://www.cnn.com/2008/POLITICS/09/29/miron.bailout/

]]> By: Catron http://www.healthcarebs.com/2008/09/29/parliament-of-morons/#comment-329638 Catron Tue, 30 Sep 2008 16:11:25 +0000 http://www.healthcarebs.com/2008/09/29/parliament-of-morons/#comment-329638 "Why does spending 700B we don’t have instead of waiting for the market to pick up the pieces make sense to you?" This is like asking why we do bypass surgery instead of letting the body fix itself. The heart of the system is about to stop pumping. Ideology won't keep it going. If you can deal with more than 100 words, here's a good Wapo piece that explains the situation: http://www.washingtonpost.com/wp-dyn/content/article/2008/09/23/AR2008092302322.html “Why does spending 700B we don’t have instead of waiting for the market to pick up the pieces make sense to you?”

This is like asking why we do bypass surgery instead of letting the body fix itself. The heart of the system is about to stop pumping. Ideology won’t keep it going. If you can deal with more than 100 words, here’s a good Wapo piece that explains the situation:

http://www.washingtonpost.com/wp-dyn/content/article/2008/09/23/AR2008092302322.html

]]> By: James Lansberry http://www.healthcarebs.com/2008/09/29/parliament-of-morons/#comment-329550 James Lansberry Tue, 30 Sep 2008 14:08:41 +0000 http://www.healthcarebs.com/2008/09/29/parliament-of-morons/#comment-329550 Marc: These weren't deregulated free-marketeers. Fannie and Freddie were federally sponsored corps. They had lots of federal money and regulation already. And they're at the core of this mess. Catron: I'm surprised to see you coming out in favor of a bailout. In 100 words, why does spending 700B we don't have instead of waiting for the market to pick up the pieces make sense to you? Marc:

These weren’t deregulated free-marketeers. Fannie and Freddie were federally sponsored corps. They had lots of federal money and regulation already. And they’re at the core of this mess.

Catron:
I’m surprised to see you coming out in favor of a bailout. In 100 words, why does spending 700B we don’t have instead of waiting for the market to pick up the pieces make sense to you?

]]> By: Russell http://www.healthcarebs.com/2008/09/29/parliament-of-morons/#comment-329515 Russell Tue, 30 Sep 2008 13:31:21 +0000 http://www.healthcarebs.com/2008/09/29/parliament-of-morons/#comment-329515 "A majority of Republicans voted against the bailout." You may have noticed, Mr. Brown, that the Democrats have a majority in the House. They could have passed this bill without a single Republican vote. “A majority of Republicans voted against the bailout.”

You may have noticed, Mr. Brown, that the Democrats have a majority in the House. They could have passed this bill without a single Republican vote.

]]> By: Marc Brown http://www.healthcarebs.com/2008/09/29/parliament-of-morons/#comment-329364 Marc Brown Tue, 30 Sep 2008 08:32:18 +0000 http://www.healthcarebs.com/2008/09/29/parliament-of-morons/#comment-329364 Three points. 1 A majority of Republicans voted against the bailout. A majority of Democrats voted for it. 2 Surely you are not in favour of bailouts. 3 Do you honestly think most people want their healthcare in the hands of deregulated free marketeers like these bankers. Three points.

1 A majority of Republicans voted against the bailout. A majority of Democrats voted for it.

2 Surely you are not in favour of bailouts.

3 Do you honestly think most people want their healthcare in the hands of deregulated free marketeers like these bankers.

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