patrick.net

bob2356 says

Just following your lead.

Whatever, Stockman is the real deal.

Realtors aren't the only ones who should be kept away from baseball bats.

Ben Bernanke thinks he deserves to be baseball commissioner. Problem is, he eliminated the middle class and fed them to his rich friends.

How do you fill a baseball stadium when the all the fans have been eviscerated ?

indigenous says

bob2356 says

Just following your lead.

Whatever, Stockman is the real deal.

No doubt, but he's still a hypocrite. I'll get to him soon as I see a used copy. I do like to get my information from a variety of sources with diverse viewpoints. You should try it some time.

indigenous says

theoakman says

bondholders had to be paid 100 cents on the dollar instead of lets say....95 cents on the dollar.

Which ones? certainly not the GM bondholders.

lol, you named the one group of bondholders that got screwed...oh wait, they weren't a bank. GM bondholders were fleeced.

Point not taken.

Robbie Parker is a joke. How anybody can believe he's legit is beyond me.

theoakman says

lol, you named the one group of bondholders that got screwed...oh wait, they weren't a bank. GM bondholders were fleeced.

No, which bond holders, of what company?

INVITATION to predict Tuesday's Real Homes!

As shown here

http://www.showrealhist.com/RHtable.html
the latest datum is 67.685 for 2013 Q4.

On Tuesday, 2014 Q1 will be available.
What is your prediction?

bob2356 says

No doubt, but he's still a hypocrite.

You haven't cited anything he has done to be a hypocrite. He also left the Reagan administration in protest of the increased spending.

Have you convinced anyone that Sandy Hook is a hoax?

bgamall4 says

Strategist says

Have you convinced anyone that Sandy Hook is a hoax?

Lots of people are coming around to the 9/11 false flag. So sure, people learn as time goes on and they watch the fraudsters. You, strategist, are pretty stupid if you can't see that Robbie Parker is a fraud, both as a fake actor and a liar about where he was.

Surely you are smarter than that.

It's more a question of evidence then anything else. The claims presented by conspiracy theorists does not hold water.
Nobel Prize winners are among the smartest. How many of them believe Sandy Hook, 911 and Boston massacre claims that conspiracy theorists put forth?
I would say none.

indigenous says

bob2356 says

No doubt, but he's still a hypocrite.

You haven't cited anything he has done to be a hypocrite. He also left the Reagan administration in protest of the increased spending.

Stockman was the man that sold the entire package to congress and the public in the first place. Then he was dumb enough to admit in an interview that it was all just a "stalking horse" (his words) for lowering the top tax brackets. He was the one that set the budgets increasing the spending in the first place then pushed them through congress.

He left because the handwriting was on the wall politically and he had a very nice revolving door opportunity on wall street. I wonder who got the SEC to stop investigating him after he got into trouble? When Stockman comes out and says that supply side was a mistake I screwed up supporting it then I'll be impressed.

Don't believe all the revisionist history being written, especially about the Reagan years. I was there and it wasn't like what you read about it today at all.

bob2356 says

Strategist says

Toyota certainly has no problems. What are they doing right, and why can't we do the same thing?

Gm has the third lowest recall rate .65 over the last 30 years after mercedes .41 and mazda .55 Toyota is number 7 at .80 and Ford is number 9 at .93. Do you want to rethink this statement?

Yea right those terrible gm cars. Top 5 in customer satisfaction year after year, high repeat buyers, low recall rates, #11 in jd powers quality (after 8 luxury makes, mazda, and toyota). Yep they are certainly crap boxes.

Don't let facts confuse you.

Evidence please.

JH says

Ten years ago I worked as an engineer for a 1000-employee bottom tier supplier of the big 3. Every new year we had to manufacture the same products for LESS money. There are 2 ways to accomplish this: become more efficient or cut corners. The latter is far easier. The products we made got shittier each year. We hid out of spec parts (including lots with cracked ABS rings). I know for a fact that suppliers above us did exactly the same. By the time GM etc got the components of an ABS system, for example, there were easily 5-25 suppliers who all cut corners to keep their businesses afloat. And don't blame the unions...the pressure came from the business owner to keep making a profit to cover his golfing habit.

There you are folks......straight from the whistle blower.
Name your reward.

Waitingtobuy says

I am no big fan of GM. Swore I would never buy another and haven't owned one in almost 25 years. However, I caved after driving the Chevy Volt and comparing it to other brands' cars.

Bought it one year ago. After using 8 gallons of gas in one year, and having lots of fun, I think it might be the best car I've ever owned. This car convinced me that GM might be back on track to being a good car company again.

The Volt is the only GM car I would consider buying. It has both beauty and brains.
Good thing about electric cars is very few things can go wrong with it because it has very few moving parts.

APOCALYPSEFUCKisShostikovitch says

Stewart is a clown and is distinguished by the fact only that he is almost as pathetic as the network hacks.

Not really, most of the media would have just thrown softballs.

Someone like John Stossel would have done a better job.

bgamall4 says

That is BS. Who gives a shit about nobel prize winners? Nobody. I will tell you that when you hire actors, and not one parent sheds a tear you don't need a lot of evidence. In fact, evidence that does exists points to cover up. The government is still hiding JFK's assassination. Don't be so naive.

https://www.google.com/search?q=picture+sandy+hook+parents+crying&es_sm=91&tbm=isch&tbo=u&source=univ&sa=X&ei=2vWAU_btKtbAoASFgYGYDg&ved=0CCoQsAQ&biw=1280&bih=634

If you convince Bigs, I'll give you a thousand dollars.

bgamall4 says

Strategist says

If you convince Bigs, I'll give you a thousand dollars.

How about a gratuity for convincing you.

You just never give up. You will make a great realtor, stock broker, insurance salesman, what have you. If you sell Toyotas I will let you convince me to buy a car from you.

indigenous says

theoakman says

lol, you named the one group of bondholders that got screwed...oh wait, they weren't a bank. GM bondholders were fleeced.

No, which bond holders, of what company?

Jesus Christ, hows about every bank that failed?

Actually, this moment in time signaled putin it was ok to take crimea..

bgamall4 says

Here is another Zionist asswipe. Not one fucking tear here either. This was about Sandy Hook

APOCALYPSEFUCKisShostikovitch says

Now that would have been compelling TV. An informercial for a book that was written to covert high crimes, not so much.

This man is a true american hero.

Strategist says

bob2356 says

Strategist says

Toyota certainly has no problems. What are they doing right, and why can't we do the same thing?

Gm has the third lowest recall rate .65 over the last 30 years after mercedes .41 and mazda .55 Toyota is number 7 at .80 and Ford is number 9 at .93. Do you want to rethink this statement?

Yea right those terrible gm cars. Top 5 in customer satisfaction year after year, high repeat buyers, low recall rates, #11 in jd powers quality (after 8 luxury makes, mazda, and toyota). Yep they are certainly crap boxes.

Don't let facts confuse you.

Evidence please.

You don't know how to use google?
http://www.forbes.com/sites/jimgorzelany/2014/03/26/automakers-with-the-lowest-and-highest-recall-rates/
Look up jd powers and customer satisfaction yourself putz. It's there I assure you.

bob2356 says

That's fair, you certainly wouldn't want to know exactly what happened first hand from someone who fought hard against geitner and paulson insanity. Better to read a third or fourth hand account from someone who had a major part in creating today's mess and now says how terrible it is. I'll read stockton's book soon, it's supposed to be a decent history. But it's hard to take his hypocrisy seriously.

I listened to this video: https://www.youtube.com/watch?v=-vxEbCzs1z4

BTW at 44 min he talks about his interview of Geitner. Of which by his description Geitner has a shit load to hide.

As clearly as Geitner is corrupt Barofsky is not and he is smart.

I suppose a lot of his appeal is that he has not accumulated the transgressions that most in power have accumulated. But I would say the same of Stockman when he was younger and now. The opposite of this is when I look at McCain or Clinton clearly these two have accumulated a bunch, although Clinton is at a lower level of hell.

At 55 min Barofsky does say much of the loans have not been paid back. This interview is from 2012, it may be different now.

A lot of what he talks about is how the big banks have a view of what is good for the banks. BUT he doesn't say much about the same in government. I think it might be a question of "how is the water". An older fish asks two younger fish how is the water today? to which they respond what is water?

https://www.youtube.com/watch?v=8CrOL-ydFMI

In any case Barosky clearly has integrity but not sure of the lens he views things through.

Not that the right is much better but if you think that the left is not oblivious to the water they swim in think again.

bob2356 says

Evidence please.

You don't know how to use google?

http://www.forbes.com/sites/jimgorzelany/2014/03/26/automakers-with-the-lowest-and-highest-recall-rates/

Look up jd powers and customer satisfaction yourself putz. It's there I assure you.

Keep in mind the "Golden Rule" - Who ever makes a claim gets the pleasure of proving it.
I double checked, yes your numbers are correct. I'm dumbfounded. I still don't believe it - I must be missing something.

http://wallstcheatsheet.com/automobiles/10-car-makers-boasting-the-lowest-recall-rates.html/?a=viewall

http://www.realcartips.com/news/0999-most-least-recalls.shtml

Is the "h" in Geithner now too ashamed to show itself?

A spelling nanny i see, yes very important, who fucking cares?

Okay, if Sandy Hook was a hoax, and 911 a false flag, what does that make Aurora? What about Columbine? What about Fort Hood? What about Giffords in Tuscon?

Maybe this one?

thomaswong.1986 says

We need both.. a good solid structure, but fewer mechanical items.. I dont need a $1000 entertainment system or extensive hoses making it impossible to change a spark plug...

We also don't need power door locks and windows. It's only extra stuff to break. My manual crank windows will never break, but I have already replaced the window regulators on my car with power windows, and have done some on other cars too.

theoakman says

They aren't. This isn't rocket science.

They are, I hope you don't work for NASA...

Defined at 33:50 and 35:50 in this video

https://www.youtube.com/watch?v=-vxEbCzs1z4

theoakman says

Bear Stearns had bonds they owed money on. Lehman had bonds they owed money on.

Lehman went BK, which implies that any bond holders would have been near the front of the line for assets.

zzyzzx says

We also don't need power door locks and windows.

Some of these parts are expensive as hell and not being built anymore.

This is a good interview with Stockman that gives the big picture understanding that is critical about this subject.

In other words the real causes, which is not democrat or republican.

https://www.youtube.com/watch?v=idfBpq80stc

Brilliant

indigenous says

I listened to this video: https://www.youtube.com/watch?v=-vxEbCzs1z4

Good interview. Nice find.

indigenous says

A lot of what he talks about is how the big banks have a view of what is good for the banks. BUT he doesn't say much about the same in government. I think it might be a question of "how is the water". An older fish asks two younger fish how is the water today? to which they respond what is water?

https://www.youtube.com/watch?v=8CrOL-ydFMI

In any case Barosky clearly has integrity but not sure of the lens he views things through.

In the book it's much clearer than is possible in an interview. He recognizes and acknowledges the legitimate need for and role of government, but as sigtarp he learned government is first and foremost a bunch of people looking out for number 1. No surprise really, but unless you work extensively in DC (I did once for about 3 years in the 80's, that sucked) its hard to understand how self serving and deceitful everything is.

What scares me is the huge change in politics in the last 30 years. When I was in DC 2-3 days a week it was all like theatre. Everyone played their part and read their lines, but at the end of the day everyone went out for a beer together and had a laugh. Issues got horse traded back and forth, comprises worked out, and things got done.

This is the before the gingritch/rove take no prisoners style of politics. Now it's serious hard core anything goes to win fighting. People really believe their positions (or at least their press), and truly dislike each other. No compromise is possible. Which ever party is in power simply shoves their agenda down the other parties throat. Anyone trying to work out a reasonable compromise is viciously attacked by the loonies at the fringes. A big part of this is the huge amounts of money in the election system any more. The big donors really trying to buy the most influence for pushing their position heavily fund the hard core ideologically pure candidates leaving the moderates sucking wind.

I don't know how this is all going to play out long term, but if the last 12 years is any indication than I would say the answer is very badly.

Strategist says

Keep in mind the "Golden Rule" - Who ever makes a claim gets the pleasure of proving it.

I double checked, yes your numbers are correct. I'm dumbfounded. I still don't believe it - I must be missing something.

What's to miss. If gm didn't make good cars people wanted they would be long gone.

The only thing missed is the usual group of bitching about everything whether they know what they are talking about or not posters who want the world be be like they imagine it to be without any pesky facts to interfere with their fantasy.

zzyzzx says

thomaswong.1986 says

We need both.. a good solid structure, but fewer mechanical items.. I dont need a $1000 entertainment system or extensive hoses making it impossible to change a spark plug...

We also don't need power door locks and windows. It's only extra stuff to break. My manual crank windows will never break, but I have already replaced the window regulators on my car with power windows, and have done some on other cars too.

You don't need lots of things in modern cars. People want or government mandates them, car makers build them. That's the way it is. Don't like it you are out of luck. The 64 buick is never coming back.

bob2356 says

No compromise is possible.

My congressman is retiring at the end of this year for that very reason.

I think what you speak of is a symptom of centralized government. With small government the individual has a position to communicate in a centralized state it is more and more dystopian and the individual gets crushed.

You talk about Gingrich without mentioning Pelosi?

I have come to the conclusion that representative government is not possible I mean 300 million divided by 535, = 1 rep for every 561,000. There is no accountability to the constituents, as you stated the rep is out for himself. This is a common misconception about government, that it is a monolith.

The best we can hope for is less government, but that ship sailed.

The reason for the growth in government is that the US went to fiat money, this combined with mercantilism and the reserve currency status has as Stockman says allowed deficit spending without pain.

So yes the problem has been the FED, which has created the profligacy.

The fed chairman is also subject to the water, and gets addicted to the adulation and power. I'm sure Bernanke thinks he is brilliant ignoring the Fact that he is rearranging the deck chairs on the Titanic.

I have one of the recalled cars (cobalt) - haven't had any problems with ignition, but my oil sensor switch (?) has gone out x3, each time a bit past the part warranty period.

When I first got it, the exhaust cam sensor (?) went out about 5 times at 10k miles. They replaced it, but they didn't replace everything they were supposed to and it went out again. The first time that I brought it in they held it overnight... but if you figure out all 5x they held my car hostage almost a month.

The rental car they provided didn't cover the time that they held my car hostage. But that's another story.

There were various "service bulletins" along the way... I grew to learn that meant that they should fix the car if someone brought it in and complained about that specific issue (loose fender that needed spacers to keep it from rattling...).

So now I get a letter telling me that they will fix my car if I call them, but that will get me on a list so I can hurry up & wait for them to fix my car. In the meantime, I'm supposed to drive with only a key and no key ring.

It's hard to feel sorry for GM because they're enduring all these recalls. Supposedly they're trying for "transparency," but I think all these recalls and admissions of crappy designs are only because they've been caught (or are about to be).

The car is a boxy piece of shit that gets great mileage and has given me 100,000 miles in 5 years. It burns oil like there's no tomorrow but I guess I'm doing okay, all things considered.

indigenous says

theoakman says

They aren't. This isn't rocket science.

They are, I hope you don't work for NASA...

Defined at 33:50 and 35:50 in this video

https://www.youtube.com/watch?v=-vxEbCzs1z4

theoakman says

Bear Stearns had bonds they owed money on. Lehman had bonds they owed money on.

Lehman went BK, which implies that any bond holders would have been near the front of the line for assets.

Once again, they slated to get zero dollars. Once again, you have no point.

theoakman says

Once again, you have no point.

It was a question not a point.