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I can think of some others who got their jobs doing the same thing.
Example: Hope. Change. Yes we can.
As a propaganda technique they are referred to as "Glittering generalities".
Method :
Use attractive, but vague words that make speeches and other communications sound good, but in practice say nothing in particular.
Use linguistic patterns such as alliteration, metaphor and reversals that turn your words into poetry that flows and rhymes in hypnotic patterns.
But really, an educated populace is a dangerous populace to a ruling class of wealthy "gentlemen".
AS AN INDEPENDENT VOTER, Repugs and Dummies are just giving us the same canned shpeel we always get. Ahh, another heaping, helping serving of lies dished up ever so high.
I saw the Repugs sitting on their hands in that hollowed chamber. I saw them cheering for programs that match their greedy pockets. Yeah, I love how they are ALWAYS willing to cherry pick the goodies, then turn their back on you when the other side would like some give and take. All of the sudden, the other side are whiners, communists, idiots.
Ron Paul, Ralph Nadar, Kicinich: that's who I want to see up there in the next BIG national, televised debate. Sadly, they will never be invited by the evil 2 running the show.
The SCOTUS ruling on corporate Personhood is pretty stark evidence of an Oligarchy.
I would only add that Barney Frank (D-MA), was the principal obstructionist to attempts pre-meltdown to regulate Freddie and Fannie.
Don't believe me: go ahead and go to youtube or google and search for "Barney Frank Mac testimony". Watch Frank himself testify that there was no need to further regulate Freddie and Fannie, and that both were "fundamentally sound".
Consider yourself helped, twice over:
Commentators say that's what triggered the stock market meltdown and the freeze on credit. They've specifically targeted the mortgage finance giants Fannie Mae and Freddie Mac, which the federal government seized on Sept. 6, contending that lending to poor and minority Americans caused Fannie's and Freddie's financial problems.
Federal housing data reveal that the charges aren't true, and that the private sector, not the government or government-backed companies, was behind the soaring subprime lending at the core of the crisis.
Subprime lending offered high-cost loans to the weakest borrowers during the housing boom that lasted from 2001 to 2007. Subprime lending was at its height from 2004 to 2006.
Federal Reserve Board data show that:
* More than 84 percent of the subprime mortgages in 2006 were issued by private lending institutions.
* Private firms made nearly 83 percent of the subprime loans to low- and moderate-income borrowers that year.
* Only one of the top 25 subprime lenders in 2006 was directly subject to the housing law that's being lambasted by conservative critics.
The "turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007," the President's Working Group on Financial Markets
"The GOP will not admit any wrong doing when it comes to the Deregulation of the Financial Sector or the Energy and Commodities Markets. Deregulation is shouted from the hill top as if Moses had just forgotten to read that commandment. Unfettered Capitalism is a Dead Scene"
Help me understand something- it was deregulation that led to the problems with the financial markets? I thought the backbone of lending, and the largest reason for the economies downturn, were because of Freddie Mac and Fannie Mae which control... half of all mortgages??
---------------------------
Consider yourself helped:
Commentators say that's what triggered the stock market meltdown and the freeze on credit. They've specifically targeted the mortgage finance giants Fannie Mae and Freddie Mac, which the federal government seized on Sept. 6, contending that lending to poor and minority Americans caused Fannie's and Freddie's financial problems.
Federal housing data reveal that the charges aren't true, and that the private sector, not the government or government-backed companies, was behind the soaring subprime lending at the core of the crisis.
Subprime lending offered high-cost loans to the weakest borrowers during the housing boom that lasted from 2001 to 2007. Subprime lending was at its height from 2004 to 2006.
Federal Reserve Board data show that:
* More than 84 percent of the subprime mortgages in 2006 were issued by private lending institutions.
* Private firms made nearly 83 percent of the subprime loans to low- and moderate-income borrowers that year.
* Only one of the top 25 subprime lenders in 2006 was directly subject to the housing law that's being lambasted by conservative critics.
The "turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007," the President's Working Group on Financial Markets
Don't believe me: go ahead and go to youtube or google and search for "Barney Frank Mac testimony". Watch Frank himself testify that there was no need to further regulate Freddie and Fannie, and that both were "fundamentally sound".
The Republicans warned you before this meltdown happened. The Democrats blocked regulations and then miraculously induced you to drink their memory erasing ideology koolaid to believe that it was that dastardly Bush guy's fault.
Hey, wasn't Barney Frank sleeping with Freddie Mac's CEO at the time? HMMMM! Those pesky facts....
Most of what is written above is nonsense.
Before you take on "economic issues" you might want to read Milton Friedman's "Free to Choose", who discusses Thomas Jefferson's politico-economic philosopy and where the Federal Government, from the time of the founding, has gone wrong in forcing monetary policy on the American public and its financial institutions.
Oh, yeah, Friedman won a Nobel prize in Economics. So, maybe he has some things to say about how a government should or should not interfere with free market economy, and why.
Grow up. Do your research. Almost all the posts to this blog are absurd.
Jim Heyssel
The myth that the free market is always responsible and self-correcting is only that--a myth as has been proven by the recent economic meltdown. Greed is NOT self-correcting, no matter HOW many famous analysts want to claim otherwise.
banks (for example) pay for our elected officials to run a campaign and get elected
banks get to abuse the system bc the politicians allow them (or the politician has no money to get elected)
bank fails, gov't takes over bank, gov't gets more powerful
What am I missing here?
You just don't get it.
If you believe the "government" is a viable option to free markets, well, you got it wrong... you stupid.
And democracy- why do you call yourself that when you clearly don't believe it? Go ahead, call me a racist or whatever name you think up. You're opinion as a liberal is becoming less and less relevant every day.
Legislative obstructionism of the minority party is the requisite balance of power expected and required of our checks and balances system, and particulaly so when there is a supermajority pandering to special interests. Example of that brings union leadership at the whitehouse, behind closed doors, telling Obama that, no, they would not be allowing union rank and file to be subjected to taxation on their "cadillac" health plans.
No special interests. Except for the dems own, of course.
When the Republicans were attempting to pass financial regulations to curb Freddie Mac and Fannie Mae excess just before this big credit meltdown, the Democrats jackbooted any attempt to do so. When they were the "party of no" and it was in fact truly the wrong time to do it, where where all of you cheeleaders then?