Miscellaneous And Off Topic Subjects

[THE_WIZARD_]

Stop questioning the motives of our government...get right with fascism...

dolt

[whodean]

Wave of the future, dude.

If HACK of all people has to tell you this you know you are pretty far behind. :p

[THE_WIZARD_]

I trust the government in all things...

[THE_WIZARD_]

Repeat after me...I trust the government...I don't need a gun...

[hack]

thoughts & prayers

[hack]

If HACK of all people has to tell you this you know you are pretty far behind. :p

I was just trying to say that I still jerk off manually.

[Dr. Strangelove]

Rep Tim Murphy resigns after evidence surfaces that he wanted his mistress to have an abortion (he's one of those family values Republicans)

http://www.cnn.com/2017/10/04/politics/tim-murphy-abortion-reelection/index.html

[THE_WIZARD_]

I wish your mother would have had an abortion.

[Dr. Strangelove]

Hello!

[Dr. Strangelove]

Big story...John Kelly's personal cellphone was hacked as long ago as December...he had no idea for over half a year

http://www.politico.com/story/2017/10/05/john-kelly-cell-phone-compromised-243514

[Da Geezer]

It was the innovation in financial engineering that caused this. Namely, the ability to divorce risk from return, by securitizing bundled mortgages and snake-oiling them out to various holders. The banks no longer had to judge mortgage applicants on their credit history -- just get them in, capture the fees, and shift the risk to others.

Not "others", or "various holders", the shift of risk was to the federal government.

If financial-services professionals in the world's financial never centre failed to understand it, then it's hard to blame non-specialists in Washington,

Wall Street understood it perfectly. Free money from Fannie and Freddie. It was only the federal bureaucrats that didn't understand what was happening. And they didn't care; it was not their money.

We need bread-and-butter banking. Innovation is for other things.

Here I agree 100%. Further, I sat on a small bank board, and we had nothing to do with the CRA or much of the selling of newly minted sub-standard mortgages. The financial crisis was almost 100% the result of faulty government policy on several levels. I say, let the banks that tried to profit the most take the hit when the bubble collapsed. Now, my bank has to deal with massive costs related to Dodd-Frank regulations, and Citi and Chase get away free, or nearly so.

[Dr. Strangelove]

Maybe Tillerson really won't be around much longer...Wednesday's events infuriated Trump further. Kelly forced to stay back from las Vegas to play peacemaker...Pence also pissed at Tillerson

https://www.nbcnews.com/politics/white-house/tillerson-summoned-white-house-amid-presidential-fury-n808216

[froot loops]

Yeah that was a true Kinsley gaffe.

[CGVT]

The next headline:

After Las Vegas Shooting, Trump Says America ‘A Nation In Mourning’

I think a good many of us have been in mourning since this moron took office...

[Dr. Strangelove]

This happened tonight

[ame]https://twitter.com/justinsink/status/916081444572844033[/ame]

[ame]https://twitter.com/justinsink/status/916081605562728449[/ame]