quote:Originally posted by glassman: yeah whitewater was like the most expensive investigation that never proved anything...
hmmmm...
i think they were guilty, but, what a friggin' waste...
still, two wrongs don't make right and as long as people keep pointing fingers at the other party instead of cleaning their OWN house...we will continue to get reamed....
Yep, and the OJ trial cost millions, and the Scott Peterson trial cost millions - they never should have been charged in view of the judicial expenses involved.
In fact, it cost far too much to prosecute crime, and then incarcerate criminals. We should just ignore crime.
if it is posible to misintrpret a position? you figure out how Art...
you forgot the Lil Rascal Day Care Center too... the most expensive trial in NC history, where a panel of Judges was forced to overturn a dozen or more 99 year jury awarded sentences...
the modern day equivalent of the Salem Witch Trials....
momma always told me not to look into the eyes of the sun.....
shoulda worn shades, the retinal damage can be horrendous
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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quote:Originally posted by blueranger: nixon was an american hero, and did more for you libs than any president ever.
1. he ended the war in vietnam. 2. he invented the epa, 3. opened relations with china, 4. created nucler treaties... salt1 2 and etc 5. arms reduction treaties... 6. school lunches, day care, kindie garden, immunizations 7. college funding...
this list could go on for miles... nixon gave birth to practically everything liberal that ever was...
the problem here is that you people just spout the party line... if perhaps you had been alive back then you would know the country was doing quit well..... the country did not get broken till jimmy carter.
it wasn't Carter tho....
it was Watergate itself...the country imploded, Iran was lost to US as a close ally, and OPEC was ignored long enough to allow them to become what they are today....
the Watergate situation "distracted" congress from it's work for too long..
Deepthroat is scum IMO....
I agree wth you about Nixon..., (more or less...Kent State was allowed to happen under his watch too...)
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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posted
i've stopped dd'ing heavy for a little while...
got too many things going on for the next two weeks....i haven't read any filings on stuff i don't hold for the last week... got a real estate deal that's trying to come apart.. if i get my studio? i won't be trading as much....
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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posted
I'm not Glassman, but I think PTSC should be a good play next week. I got in already, at 0.132 (procrastinated at 0.11 when I should have), so I've already seen about 15% to the good. I plan to hold 'til at least 50% above now and maybe more....depends on what's going on with the price.
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quote:Originally posted by blueranger: nixon was an american hero, and did more for you libs than any president ever.
1. he ended the war in vietnam. 2. he invented the epa, 3. opened relations with china, 4. created nucler treaties... salt1 2 and etc 5. arms reduction treaties... 6. school lunches, day care, kindie garden, immunizations 7. college funding...
this list could go on for miles... nixon gave birth to practically everything liberal that ever was...
the problem here is that you people just spout the party line... if perhaps you had been alive back then you would know the country was doing quit well..... the country did not get broken till jimmy carter.
Glassman: It wasn't Carter tho....
it was Watergate itself...the country imploded, Iran was lost to US as a close ally, and OPEC was ignored long enough to allow them to become what they are today....
the Watergate situation "distracted" congress from it's work for too long..
Art: That is really idiotic.
Carter was responsible for double digit interest rates and a ruined economy, not Watergate.
Watergate had nothing to do with the Iranians getting rid of the Shah - the Shah did.
Watergate distracted congress from what work? Do you think congress runs the country? The laws they make often create more problems than they solve, and the effect of these laws takes years to be an influence.
Carter imploded the country not congress, and certainly not Watergate.
-------------------- The light of truth is blinding to most.
More comforting to look only at the shadows of falseness.
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quote:Originally posted by glassman: Art to Glassman: Your hypocrisy is also in thinking you don't demonize, and then you offer facts about Limbaugh that only serve to demonize him.
Glassman: those are the only facts associated with him...everything else he offers is conjecture and opinion and you know wht they say about opinions...I'm beginning to wonder if you aren't his wife....
Art: I know that instead of arguing reasonably against Limbaugh's opinions, you argue against these opinions by demonizing Limbaugh. Liberals can only argue agaisnt the reality of conservative opinions by demonizing the conservatives. Pure high school level, or lower, debate on your part.
-------------------- The light of truth is blinding to most.
More comforting to look only at the shadows of falseness.
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The Capital Times, Editorial: A Cox in the SEC henhouse
"...But Washington watcher David Sirota of the Center for American Progress describes the plan to put the conservative congressman in charge of this critical agency as a 'Cox in the SEC henhouse' scenario. Sirota says, 'Big Business, still looking to evade even the weak post-Enron reforms, could not have asked for a better corporate shill than Cox.'
...Cox has collected close to $650,000 in campaign contributions from commercial banking, securities, insurance and finance interests. In return for the electoral largess, he led the fight to pass legislation - thePrivate Securities and Litigation Reform Act - that one analyst said 'paved the way for corporate chieftains basically to lie without fear of being sued.'
The good news is that Cox is not yet the SEC chair. Because the Senate must approve his nomination, citizens have one last chance to keep Cox out of the SEC henhouse."
Please write letters to numerous senators to object to this nomination of Cox. Making contact with a dozen senators will make a difference and will only take ten or fifteen minutes of your time.
Lazy, don't care? Then bend over and enjoy because George Bush, in keeping with his past history, intends to again financially ream you with his Cox.
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I am writing to urge you to lobby against Christopher Cox to head up the SEC. Cox is a bad choice.
Christopher Cox has a documented history of being involved in corporate fraud, has a history of making it difficult for investors to litigate corporate fraud, is associated with Oliver North and makes it clear he favors SEC deregulation at a time when corporate fraud is at a historical high.
Christopher Cox will roll back the SEC to the Dark Ages, and will create an environment which enhances the ability of corporations and individuals, to commit financial crimes.
Please do all you can to block his appointment. Cox will bring disgrace to the SEC and will certainly cause future harm to the American investing public.
Regards,
(YOUR NAME HERE)
**
Bloomberg:
"Cox was an author of the Securities Litigation Reform Act, a law that made it more difficult for investors to sue for misconduct. It was the only bill to become law over President Bill Clinton's veto, according to a New York Times story on May 21, 1998...
Representing Newport Beach, California, in his first campaign for election to the House, Cox enlisted the support of Oliver North, a Reagan administration official who was indicted in the 1980s in connection with financing for the Nicaraguan contras...."
New York Times:
"In 1995, he was named a defendant in a lawsuit by investors as a result of legal work he did for an investment group in the 1980's. The suit accused Mr. Cox, his former law firm and two former colleagues of misleading regulators and investors about the condition of a real estate investment fund. Mr. Cox, who denied that he had violated any laws, was eventually dropped from the lawsuit and the firm where he worked, Latham & Watkins, settled for an undisclosed amount...."
The Capital Times:
"...But Washington watcher David Sirota of the Center for American Progress describes the plan to put the conservative congressman in charge of this critical agency as a 'Cox in the SEC henhouse' scenario. Sirota says, 'Big Business, still looking to evade even the weak post-Enron reforms, could not have asked for a better corporate shill than Cox.'
...Cox has collected close to $650,000 in campaign contributions from commercial banking, securities, insurance and finance interests. In return for the electoral largess, he led the fight to pass legislation - thePrivate Securities and Litigation Reform Act - that one analyst said 'paved the way for corporate chieftains basically to lie without fear of being sued.'
The good news is that Cox is not yet the SEC chair. Because the Senate must approve his nomination, citizens have one last chance to keep Cox out of the SEC henhouse."
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Carter was responsible for double digit interest rates and a ruined economy, not Watergate.
Watergate had nothing to do with the Iranians getting rid of the Shah - the Shah did.
Watergate distracted congress from what work? Do you think congress runs the country? The laws they make often create more problems than they solve, and the effect of these laws takes years to be an influence.
Carter imploded the country not congress, and certainly not Watergate.
glassman:
idoitoic huh? you say?Carter was responsible for double digit interest rates and a ruined economy, not Watergate.
how was Carter or any president for that matter? responsible for the interest rates?
this is a perfect exmple of your's and Limbaugh's syphocantic verbal diarrhea... the bait and switch is older than human speech, try something new for a change...
Reagan's watch also included severe interet rate hikes. i'm sure you and your crowd of geezers conveniently forget that when you idolize each other...
the high interest rates under Carter's watch (he actually did graduate from Annapolis, not some finishing school for rich boys) were an absolute necessity to stall inflation caused by the OPEC oil embargo.....In my Opinion? the embargo never would have happened if Nixon/Congress had been left alone to do his/their job (once again i say flatly that deepthroat was/is SCUM)
the REAL trouble the high interest rates stirred up wasn't apparent for a few years tho....
the REAL disaster came when INVESTORs kept putting their money into the high return bonds..... this allowed the true PIRATES of Wall Street to behave like the fictional Gordon Gekko... Leveraged buyouts of the true value corps with the following dismantling of OUR economy was only possible because the investors were taking their money and putting it into interest bearing instruments instead of stocks...leading to under-valued market caps... it was a no-brainer to leverage a corp that you could buy on the open market and dissassmble for profit....the destruction began...
it all goes back to Watergate.... deepthroat is scum...
and Art, i don't love it when you call me names, i think maybe you are losing third gear too....you are losing my respect...mensa doesn't impress me either...when i was a teenager? i thought it might be fun to join, but then i GREW UP.....
the high market caps of the 90's thru to today are needed to protect the economy from another wave of leveraged buy-outs, and while you FOOLS play your sand-box lib/con games? the powers that be are already lined up to pull off the next round of leveraged buyout..... the value and the power isn't where you think it is either..... like Chinese food?
Bush senior was the one who set up the current Chinese trade agreements...think about that ferawhile....
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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"For more than two years, Bill Donaldson has done an exceptional job as SEC Chairman. Bill took this post at a time when our economy was faced with a crisis in investor confidence. Under his leadership, the SEC vigorously responded to corporate corruption. The commission filed more than 1,700 enforcement actions under Bill Donaldson's chairmanship -- a significant increase from previous years. And the SEC has helped implement the Sarbanes- Oxley Act -- the most far-reaching reform of American business practices since the time of Franklin Roosevelt. The agency also responded swiftly to the mutual fund abusesthat came to light nearly two years ago, enhancing disclosure to mutual fund shareholders."
Why did Bush fire Donaldson?
"...Bill Donaldson has done an exceptional job as SEC Chairman."
posted
Art: That is really idiotic. [To Glassman, when he said that Watergate caused the Iranians to dispose of the Shah and become anti-USA.]
Art: Carter was responsible for double digit interest rates and a ruined economy, not Watergate.
Watergate had nothing to do with the Iranians getting rid of the Shah - the Shah did.
Watergate distracted congress from what work? Do you think congress runs the country? The laws they make often create more problems than they solve, and the effect of these laws takes years to be an influence.
Carter imploded the country not congress, and certainly not Watergate.
Glassman: Idiotic huh? You say Carter was responsible for double digit interest rates and a ruined economy, not Watergate.
How was Carter or any president for that matter? responsible for the interest rates?
this is a perfect exmple of your's and Limbaugh's syphocantic verbal diarrhea... the bait and switch is older than human speech, try something new for a change...
Art: The treasury secretary, board of reserve officials like Greenspan, and many other administraive officals, appointed by the president, and serving at the pleasure of the preseident, are largely responsible for the economy. As you imply, there are many other forces at play here that are not controlled by the the executive branch. Carter contributed to the double digit interest rates and recession that followed, where watergate did not. Watergate had no economic impact, and no impact on Iranian politics. It had an internal political effect and that is all.
Glassman: Reagan's watch also included severe interest rate hikes. I'm sure you and your crowd of geezers conveniently forget that when you idolize each other...
Art: Yes, interest rates are a lagging indicator of forces that have a delayed but insidious effect. They take time to reverse. Reagan did cut taxes and eventually that reversed the economy but the economy still lagged some under Bush Sr. Clinton inherited a Republican engineered recovery and then Bush inherited a Clinton engineered recesssion. That is a reality that liberals can not face or admit to.
Glassman:..the REAL trouble the high interest rates stirred up wasn't apparent for a few years tho....the REAL disaster came when INVESTORs kept putting their money into the high return bonds..... this allowed the true PIRATES of Wall Street to behave like the fictional Gordon Gekko...Leveraged buyouts of the true value corps with the following dismantling of OUR economy was only possible because the investors were taking their money and putting it into interest bearing instruments instead of stocks...leading to under-valued market caps... it was a no-brainer to leverage a corp that you could buy on the open market and dissassmble for profit....the destruction began...
Art: Yes, investors turn to bonds when stocks become unattractive due to high interest rates caused by Carter in large part (not by Watergate in any part).
Glassman: and Art, i don't love it when you call me names, i think maybe you are losing third gear too....you are losing my respect...mensa doesn't impress me either...when i was a teenager? i thought it might be fun to join, but then i GREW UP.....
Art: I didn't call you any name. I said that the idea that Watergate caused interest rates to soar was idiotic. I still say that. I agree that Mensa isn't impressive - good judgement, not measured by an intelligent test, is what counts. Many brilliant people are lacking in good judgement (popularly referred to as 'common sense') as attested to by the high percentage of college professors that are liberal.
Glassman: the high market caps of the 90's thru to today are needed to protect the economy from another wave of leveraged buy-outs, and while you FOOLS play your sand-box lib/con games? the powers that be are already lined up to pull off the next round of leveraged buyout..... the value and the power isn't where you think it is either..... like Chinese food?
Art: It is the libs that will ruin the economy, starting in '09. That is why the public needs to be educated to the dangers of socialism (modern day communism) espoused by liberals. You don't like the lib/conserv debate because you are on the wrong side of it.
Glassman: Bush senior was the one who set up the current Chinese trade agreements...think about that ferawhile....
Art: Yep, and if he had failed then China would be helping Europe with inexpensive quality goods to improve their standard of living instead of ours. Chinese goods have enabled me to afford many gereat products, from clothes, to furniture, to electronics, etc. I bought Chinese Norinco guns (SKS, AK47, handguns) at extremenly low prices to use against the Chinese when they invade us.
The beat goes on - learn to go with the flow and capitalize on (as God wants us to do) it instead of bemoaning reality and demonizing those who do go with the flow and capitalize on it. Grow up!
-------------------- The light of truth is blinding to most.
More comforting to look only at the shadows of falseness.
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posted
you know Art?, it seems to me that, once again, we are arguing semantics instead of issues... Carter's problems can be attributed directly to problems that built up during Watergate, and went unaddressed... Iran was lost to US because we ignored the problems... at one time? i knew all of the Farsi curse words.... and a couple of the hostages were not strangers to me... it was sheer luck that i wasn't living there myself when it fell....Watergate did that for me too...
i'm not surprised that you refuse to acknowlegde my stated support of Nixon and my statement earlier that i believs the Clinton's were guilty of some serious crimes in whitewater...
do you parse my posts? or do you just read the first and last sentences of my posts and assume that i am a liberal because i don't follow the rushie party line?
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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"Mendoza and Cox were named in a class action suit for aiding and abetting the First Pension fraud. Mendoza ponied up to settle the major litigation accusing him of helping the crook to rearrange a corporate structure to change how the operation looked on paper and to trick the SEC, and other regulators into allowing the Ponzi scheme to continue."
"While Cox was fighting the lawsuit regarding First Pension in the state courts he was also fighting very hard to limit shareholders rights on Capitol Hill. Indeed, he authored the bill that has allowed his cronies and donors to pillage pension and savings accounts nationwide."
"That bill was aggressively lobbied for by accounting firm Arthur Andersen. Indeed, Andersen, Merrill Lynch (remember the Orange County bankruptcy), and WorldCom executives have all donated thousands of dollars to Mr. Cox’s campaign, and have also recently taken the 5th Amendment on Capitol Hill. Of course, William E. Cooper another of Cox’s donors was convicted of fraud and is now serving a ten-year term in state prison."
"The consequences of Christopher Cox’s past actions have been devastating to Americans’ retirement accounts. He and Gary Mendoza were law firm partners working together for one of the most notorious perpetrators of fraud in California history."
****
Why are you just sitting there? You will be sorry if you do not take action.
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The Capital Times, Editorial: A Cox in the SEC henhouse
"...But Washington watcher David Sirota of the Center for American Progress describes the plan to put the conservative congressman in charge of this critical agency as a 'Cox in the SEC henhouse' scenario. Sirota says, 'Big Business, still looking to evade even the weak post-Enron reforms, could not have asked for a better corporate shill than Cox.'
...Cox has collected close to $650,000 in campaign contributions from commercial banking, securities, insurance and finance interests. In return for the electoral largess, he led the fight to pass legislation - thePrivate Securities and Litigation Reform Act - that one analyst said 'paved the way for corporate chieftains basically to lie without fear of being sued.'
The good news is that Cox is not yet the SEC chair. Because the Senate must approve his nomination, citizens have one last chance to keep Cox out of the SEC henhouse."
Please write letters to numerous senators to object to this nomination of Cox. Making contact with a dozen senators will make a difference and will only take ten or fifteen minutes of your time.
Lazy, don't care? Then bend over and enjoy because George Bush, in keeping with his past history, intends to again financially ream you with his Cox.
Didn't Clinton get contributions from communists in China?
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posted
Sleaze ehhhh.... Every politician has done good and bad considering your point of view... to call this guy a sleaze is going a little too far..
Rep. Cox's expertise and his thoughtful approach to legislation have earned him bipartisan support outside of Congress as well. In 1994, President Clinton appointed him to the Bipartisan Commission on Entitlement and Tax Reform. The Los Angeles Times, in a rare endorsement of a Republican, called him "an intelligent spokesman for fiscal responsibility and an expert on foreign affairs." George Will, writing in Newsweek, praised Cox's efforts to bring honesty to the federal budget process. And The Wall Street Journal featured him as a key leader in a page-one profile on the historic opening day of the 104th Congress.
Rep. Cox has won numerous awards from taxpayer, business, and consumer advocacy organizations. These include being named a "Taxpayer Hero" by the National Taxpayers Union and Citizens Against Government Waste; a "Tax Fighter" by the National Tax Limitation Committee; a "Hero of the Taxpayer" by Americans for Tax Reform; a "Super Friend of Seniors" by the 60/Plus Association; a "Guardian of Small Business" by the National Federation of Independent Businesses; and a "Friend of the Consumer" from the citizen watchdog group Consumer Alert.
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posted
Charger, you did not quote this from the Cox site,
" From 1978 to 1986, he specialized in venture capital and corporate finance with the international law firm of Latham & Watkins, where he was the partner in charge of the Corporate Department in Orange County and a member of the firm's national management."
Cox does not mention he was one of the masterminds of the worst Ponzi fraud schemes in state history, which defrauded thousands,
"In 1995, he was named a defendant in a lawsuit by investors as a result of legal work he did for an investment group in the 1980's. The suit accused Mr. Cox, his former law firm and two former colleagues of misleading regulators and investors about the condition of a real estate investment fund. Mr. Cox, who denied that he had violated any laws, was eventually dropped from the lawsuit and the firm where he worked, Latham & Watkins, settled for an undisclosed amount...."
posted
"Before he was elected to Congress in 1988, [Cox] was a corporate lawyer for the failed Irvine securities firm First Pension Corp . . . First Pension collapsed in 1994 after stealing $136 million from 8,500 investors, many of whom were senior citizens who lost their life savings . . . An investor suit accused Cox of knowing of the securities fraud and helping to conceal it."
OC Weekly Made in Newport Beach: How Chris Cox helped produce the Enron scandal March 2002
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Why should you bother with protecting your financial future in the stock markets? Someone else will take care you. Not to worry, Momma will change your diapers when you financially soil them.
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posted
The San Diego Union-Tribune Cox was defendant in suit led by Aguirre By Dean Calbreath
"But San Diego City Attorney Michael Aguirre who filed the case against Cox when Aguirre was in private practice said Cox's onetime role as an attorney for Orange County's First Pension Corp. raises questions about whether he's the right person to head the SEC.
'Three of Cox's clients went to prison regarding the matters he was advising them on,' Aguirre said. 'There are a lot of questions that need to be asked of Mr. Cox about his actions in the First Pension case. A careful examination of the record should be made.'"
Ripping off the elderly using a classic Ponzi scheme.
Am I the only contacting senators with intent to protect the investing public?
I don't do diapers. Change your own diapers.
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EPA Wording Found to Mirror Industry's Influence on Mercury Proposal Probed
By Juliet Eilperin Washington Post Staff Writer
"For the third time, environmental advocates have discovered passages in the Bush administration's proposal for regulating mercury pollution from power plants that mirror almost word for word portions of memos written by a law firm representing coal-fired power plants.
The passages state that the Environmental Protection Agency is not required to regulate other hazardous toxins emitted by power plants, such as lead and arsenic. Several attorneys general, as well as some environmental groups, have argued that the Clean Air Act compels the EPA to regulate these emissions as well as mercury.
Sen. James M. Jeffords says the EPA-industry wording 'no longer comes as much of a surprise.'
The revelations concerning language written by Latham & Watkins could broaden an ongoing probe by the EPA's inspector general into whether the industry had an undue influence on the agency's proposed mercury rule, legislative critics of the proposed rule said."
****
Bush - Cox -Latham - Watkins; spew deadly toxic pollutants for the sake of corporate profit.
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