cirby: They're setting the stage for an Obama loss, so they can pretend his policies actually worked.
cirby: Of course, the Obamaniacs are still pretending that the current bad economy is Bush's fault, so...
meat0918: Well....If Obama wins, the headlines and stories will be all about how it's due to temporary job gains due to the holidays, and Obama still sucks.If Romney wins, it will be a clear sign that Romney is the savior of the US economy.
Plant Rights Activist: isn't Romney already technically unemployed?
zenobia: I can't figure out why retail corporations do that to their workforce. It's got to add double digits to their turnover rate.I can't figure out why retail corporations do that to their workforce. It's got to add double digits to their turnover rate.I can't figure out why retail corporations do that to their workforce. It's got to add double digits to their turnover rate.
BullBearMS: they no longer
DrPainMD: It doesn't matter. Just flip a coin, already. There are no substantial differences between the two.
Honest Bender: Whoever wins the election, the American people are the ones that lose. Here's my campaign promise: The winning candidate will continue to erode civil liberties, will continue to sell our future to corporations, and will continue to wage global war against the American public image./Same as the old president.
BullBearMS: And definitely this
Kurmudgeon: BullBearMS: And definitely thisOh look, the old tired both sides are the same gig./even when they aren't
HotIgneous Intruder: cirby: They're setting the stage for an Obama loss, so they can pretend his policies actually worked.That weed you're smoking, pas that along dude.Here are your next two presidents: Obama (4 more years, Clinton (8 years).Write it down and note the date of the prediction.
HotIgneous Intruder: You can't convince people who don't even know they're being screwed that any certain group is screwing them. At this point, after 30 years of daily rape, actual making love is impossible and their minds are wrecked.
K.B.O. Winston: Clinton? That's a funny way to spell Elizabeth Warren.
BullBearMS: K.B.O. Winston: Clinton? That's a funny way to spell Elizabeth Warren.Careful. They get incredibly butthurt if you bring up the fact that Warren isn't willing to sell out the middle class and the poor to wealthy donors like our current leadership is.
BullBearMS: Kurmudgeon: BullBearMS: And definitely thisOh look, the old tired both sides are the same gig./even when they aren'tSo the guy who repeatedly promised to "fix the economy" finally prosecuted the fraudulent bankers who destroyed it for their own profit?No. No he didn't.That would be because he's just as owned by the rich as the Republicans are.
Terrified Asexual Forcemeat: he's just as owned by the rich as the Republicans are.
BullBearMS: Terrified Asexual Forcemeat: he's just as owned by the rich as the Republicans are.So Obama didn't put the guy in charge of regulating Wall Street when all this bullshiat went down in charge of Treasury?
Introitus: The word "job" is subjective.
Terrified Asexual Forcemeat: Want to cite?
nmemkha: What do we do?
GUATAPOPO: I'm sorry but after seeing Reddit this site is worthless. News gets put on days later... Can't believe some of the articles that gets put on here and the ones that get declined... I've been here since 01 I believe and I will miss you but its time to go. Adios!
BullBearMS: So the guy who repeatedly promised to "fix the economy" finally prosecuted the fraudulent bankers who destroyed it for their own profit?No. No he didn't.That would be because he's just as owned by the rich as the Republicans are.
dervish16108: Neither of them will be a greeter. If Romney loses, he's got Bain, if Obama loses, he'll make millions off speeches, or he could even be a lobbyist.
BullBearMS: Work to prevent any of the States from prosecuting bank fraud.NY TimesEric T. Schneiderman, the attorney general of New York, has come under increasing pressure from the Obama administration to drop his opposition to a wide-ranging state settlement with banks over dubious foreclosure practices, according to people briefed on discussions about the deal.Rolling StoneA power play is underway in the foreclosure arena.On the one side is Eric Schneiderman, the New York Attorney General, who is conducting his own investigation into the era of securitizations - the practice of chopping up assets like mortgages and converting them into saleable securities - that led up to the financial crisis of 2007-2008.On the other side is the Obama administration, the banks, and all the other state attorneys general.This second camp has cooked up a deal that would allow the banks to walk away with just a seriously discounted fine from a generation of fraud that led to millions of people losing their homes.The idea behind this federally-guided "settlement" is to concentrate and centralize all the legal exposure accrued by this generation of grotesque banker corruption in one place, put one single price tag on it that everyone can live with, and then stuff the details into a titanium canister before shooting it into deep space.This is all about protecting the banks from future enforcement actions on both the civil and criminal sides. The plan is to provide year-after-year, repeat-offending banks like Bank of America with cost certainty, so that they know exactly how much they'll have to pay in fines (trust me, it will end up being a tiny fraction of what they made off the fraudulent practices) and will also get to know for sure that there are no more criminal investigations in the pipeline.
Arkanaut: DOJ was trying to get Schneiderman to join the federal suit instead of ruining their chance at getting a big settlement.
BullBearMS: Arkanaut: DOJ was trying to get Schneiderman to join the federal suit instead of ruining their chance at getting a big settlement.The banks were caught red handed submitting fraudulent foreclosure documents to the courts in all 50 states.Fraud is a felony offense. We should be talking about major prison time, not trying to arrange a slap on the wrist fine that is a tiny percentage of the money their fraud brought in.However, what did our two political parties do when the evidence of this widespread felony fraud across the nation was made public?A bill that homeowners advocates warn will make it more difficult to challenge improper foreclosure attempts by big mortgage processors is awaiting President Barack Obama's signature after it quietly zoomed through the Senate last week.The timing raised eyebrows, coming during a rising furor over improper affidavits and other filings in foreclosure actions by large mortgage processors such as GMAC, JPMorgan and Bank of America.The legislation could protect bank and mortgage processors from liability for false or improperly prepared documents.The bill's approval involved invocation of a special procedure. Democratic Senator Robert Casey, shepherding last-minute legislation on behalf of the Senate leadership, had the bill taken away from the Senate Judiciary committee, which hadn't acted on it.The full Senate then immediately passed the bill without debate, by unanimous consent.In an unusual display of bipartisanship, Senator Jeff Sessions, the committee's senior Republican, also helped to engineer the Senate's unanimous consent for the bill.Ohio Secretary of State Jennifer Brunner told Reuters in an interview that the law would weaken protection of homeowners by requiring many states to accept lower standards for notarizations.She said it was "suspicious" that the law unexpectedly passed just as the mortgage industry is facing possible big costs from having filed false or improperly notarized documents....
nmemkha: Ok. What do you propose we do about it?
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