I had alway's taken you for a "non dancer" but you cranked it out for hours on end. Good job DAD, we had a blast!

Thsi tread took a while to read through but it is pretty impressive how this became McCains problem thruogh Gramm. Have any of you ever heard of Jim Johnson? Former CEO of Fannie Mae who single handed managed to get these "exemptions" past that you all credit Gramm for. He was head of the team looking for Obama's VP until last week. Found out about his "friendly" rates to others and resiegned. He was slated to become a top Obama cabinate member until last week. Amazing how that dirty SOB McCain, how dare he, has Gramm in his advisors but Obama gets a pass for Johnson.
Take the liberal blinders off because this problem is much deeper than Gramm or Johnson and runs deep in both compaigns. Equal op blame to go around wether you like it or not.

See?

A vote for Ron Paul ISN'T a wasted vote........it's the ONLY responsible vote.

But you "party first, country second" types can spend the next 4 months trying to justify your votes for the other two goats.

Have fun, and sleep well.

I was way to drunk to take any photos, and I still have not recovered. Spent the next day out on hood canal soaking my head in the cool water and teasing back coors lights Stam looked suprisingly comfortable in the tux!

As my one and only designated driver, the Rev. had to cut out of there by 9:00. I heard it only picked up from there!

At least I brought enough beer to share with others.



Good party, Stam! Can't wait until the next one is married!

Oh no, I've never blamed it solely on Gramm, I've said he spearheaded legislation. No one person is smart enough to pull it all off by themself.

To put a nice bow on it, and not a bow-tie for Stam's tux, we are talking about unethical, silver spoon people, gutting regulations that protect John Q. Taxpayer. It does not know party lines either, so all the "poor" republicans and democrats of this country will have to foot the bill via government bail-outs.

PS I hope your friends did okay up in Paradise/Magalia - it will be hold your breath time all summer up this way.

Sorry you had ta cut out early--but then it allowed the rest of us to cut loose without the Rev. watching over us. Ya and that beer, was DAMN GOOD---all of it!

Back on topic.
Kinda makes me understand how the average consumer got so caught up in this mess.

I was wondering if Stam's daughter's wedding made it into this thread because it was either deregulated or a financial catastrophe!

Deregulated------fo sure!

I wish someone would "deregulate" development engineering.

Are you not a prime example?

already been done - down here we call it "San Jose" or "Los Angeles"

All friends and their homes are fine. An interesting sidenote is one of them told me the helicopters that were dropping the buckets of water were also scooping up trout and dropping them as well. She told me they ate a couple.

Way to turn this into a thread about fish Hankster!

I think the helicopters were pulling water from Lake Oroville - that would mean they scooped up the coho's that they've been planting for the last few years. I'd love to catch an ocean going coho for the size as the lake ones fight like a steelhead but rarely get over 4-5lbs. Of course, the water is so low in the lake now that it's almost impossible to launch a boat anymore.

http://www.crooksandliars.com/2008/07/23...6009x1200327824

I'm resurrecting this thread today because I found out that not only did Phil Gramm's handywork screw the home mortgage business, it also created a loophole for the commodities trading market.

The stock market was regulated after the 1929 crash to prevent speculative trading and commodities were to be outside the influence of speculation. Thanks to Phil and his cronies, commodities futures can now be bought and sold by traditionally "non-commercial" entities such as hedge funds and banks. These groups (and others, presumably) are the driving force behind the surge in oil prices.

The American people have been totally fukked by Gramm and his corporate overseers. Get a rope!

A rope? Yeah, about time.

Are ya' getting that, "I'm mad as hell, and I'm not gonna' take it anymore!" kinda' feeling?

Fannie and Freddie are within a week or two of a full government bailout, both stocks are plummeting this week...we are also seeing increases in "fees" coming to all mortgages which will add an average of $750 in additional closing costs to every loan on top of the other rate and fee increases we have already seen.

What really sucks is that interest rates should be a FULL 1% lower than they actually are today which would put us back in record low rate territory but the few lenders that are left have to make up all the billions in losses they have incurred this year...no better way to move all the inventory sitting around than low rates but alas I am about out of the mortgage bus and going to move into real estate full time focusing on distressed property sales/purchases and let some other schmuck deal with the loan Bullshiat...

well they are done, the govt. now controls 5trillion dollars of residential loans and the fate of all future lending as FHA/VA and Fannie Freddie are the only games in town...expect much higher rates next week and then who knows...cheers