Comments on: The latest GOP idea for the economy? LIE some more! http://www.scholarsandrogues.com/2008/09/30/the-latest-gop-idea-for-the-economy-lie-some-more/ Think. It ain't illegal yet... Fri, 10 Feb 2012 05:13:05 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Savantster http://www.scholarsandrogues.com/2008/09/30/the-latest-gop-idea-for-the-economy-lie-some-more/comment-page-1/#comment-53603 Savantster Wed, 01 Oct 2008 16:03:17 +0000 http://www.scholarsandrogues.com/?p=4389#comment-53603 This is what I was talking about in the other thread about the bailout. This bailout needs to be about FIXING things, instead it looks like the fix is in. Fuzzy math and obfuscated accounting is not a solid base for an economy, the "fundamentals of our economy" are FAR from sound, or we'd not be in this mess. And the fact that they are sticking more deregulation and looser rules on accounting while trying to "save us" tells me that the plan is not really to save us. This is what I was talking about in the other thread about the bailout. This bailout needs to be about FIXING things, instead it looks like the fix is in.

Fuzzy math and obfuscated accounting is not a solid base for an economy, the “fundamentals of our economy” are FAR from sound, or we’d not be in this mess.

And the fact that they are sticking more deregulation and looser rules on accounting while trying to “save us” tells me that the plan is not really to save us.

]]> By: Lex http://www.scholarsandrogues.com/2008/09/30/the-latest-gop-idea-for-the-economy-lie-some-more/comment-page-1/#comment-53593 Lex Wed, 01 Oct 2008 12:11:35 +0000 http://www.scholarsandrogues.com/?p=4389#comment-53593 Oh, lord, Miller used to by my Secretary of State during the Engler administration. We got the whole Republican mantra heaped on us. And look at Michigan now: for a while it was suggested that we were having a "one state recession". Turns out that we were just ahead of the curve. Her education consisted of HS, Community College, and a place called Northwood University (which offers degrees in subjects such as sports promotion and management and fashion promotion and management, etc.) Her district was redrawn so that it only includes the far NE suburbs of Detroit up through the tip of the thumb...all white and very rural. She supported Rudy for President. She's a hack; she's always been a hack; and my guess is that she'll continue to be a hack. Consequently, her promotion of a hare-brained scheme like this one does not surprise me one bit. Oh, lord, Miller used to by my Secretary of State during the Engler administration. We got the whole Republican mantra heaped on us. And look at Michigan now: for a while it was suggested that we were having a “one state recession”. Turns out that we were just ahead of the curve.

Her education consisted of HS, Community College, and a place called Northwood University (which offers degrees in subjects such as sports promotion and management and fashion promotion and management, etc.)

Her district was redrawn so that it only includes the far NE suburbs of Detroit up through the tip of the thumb…all white and very rural. She supported Rudy for President. She’s a hack; she’s always been a hack; and my guess is that she’ll continue to be a hack. Consequently, her promotion of a hare-brained scheme like this one does not surprise me one bit.

]]> By: jeff http://www.scholarsandrogues.com/2008/09/30/the-latest-gop-idea-for-the-economy-lie-some-more/comment-page-1/#comment-53582 jeff Wed, 01 Oct 2008 00:21:55 +0000 http://www.scholarsandrogues.com/?p=4389#comment-53582 But, the Bush appointed SEC resists the change. http://www.bloomberg.com/apps/news?pid=20601087&sid=agj5r6nhOtpM&refer=home Jeff But, the Bush appointed SEC resists the change.
http://www.bloomberg.com/apps/news?pid=20601087&sid=agj5r6nhOtpM&refer=home

Jeff

]]> By: Rho http://www.scholarsandrogues.com/2008/09/30/the-latest-gop-idea-for-the-economy-lie-some-more/comment-page-1/#comment-53577 Rho Tue, 30 Sep 2008 22:53:57 +0000 http://www.scholarsandrogues.com/?p=4389#comment-53577 This is just what we need. The Euro has outpaced the dollar for quite a while now and part of the reason is trust in the European accounting over our Generally Accepted Practices so why don't we make them even less trustworthy. Sure, That will get people and institutions to invest in our economy. What is she thinking. Thinking like that makes me believe she needs to have her head surgically removed from her rectum. This is just what we need. The Euro has outpaced the dollar for quite a while now and part of the reason is trust in the European accounting over our Generally Accepted Practices so why don’t we make them even less trustworthy. Sure, That will get people and institutions to invest in our economy. What is she thinking. Thinking like that makes me believe she needs to have her head surgically removed from her rectum.

]]> By: JS OBrien http://www.scholarsandrogues.com/2008/09/30/the-latest-gop-idea-for-the-economy-lie-some-more/comment-page-1/#comment-53576 JS OBrien Tue, 30 Sep 2008 22:18:38 +0000 http://www.scholarsandrogues.com/?p=4389#comment-53576 It's exactly what she means. It’s exactly what she means.

]]> By: Ann Ivins http://www.scholarsandrogues.com/2008/09/30/the-latest-gop-idea-for-the-economy-lie-some-more/comment-page-1/#comment-53574 Ann Ivins Tue, 30 Sep 2008 22:03:48 +0000 http://www.scholarsandrogues.com/?p=4389#comment-53574 I just read this: <i>Mark-to-market accounting rules require assets to be valued at their current market value on a company’s books – and many believe mortgage-backed securities’ values have actually fallen below their inherent worth.</i> Inherent worth? As in the inherent worth of human life or justice or free will? Aren't we talking about money? Isn't anything's monetary value simply what someone is willing to pay? She can't possibly mean what it sounds like she means... I just read this:

Mark-to-market accounting rules require assets to be valued at their current market value on a company’s books – and many believe mortgage-backed securities’ values have actually fallen below their inherent worth.

Inherent worth? As in the inherent worth of human life or justice or free will? Aren’t we talking about money? Isn’t anything’s monetary value simply what someone is willing to pay?

She can’t possibly mean what it sounds like she means…

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