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I'm reatrded can I still Vote???

Name: Anonymous 2008-09-22 18:16

I'm excited to support John McCain, the Republican candidate for President.  Having just turned 18 it seems like an opportune time to ask if I can legally vote.  You see, I am legally retarded.  Are there laws preventing us retards from voting?  I'm sure Sen. McCain you use my vote and the votes of my closest friends, who are also retarded.

Please advise.  TIA

Name: Anonymous 2008-09-22 18:18

>>1
Obvious liar.
Everyone knows the retards are voting for Obama.

Name: Anonymous 2008-09-22 21:41

>>2
Because Democrats are the ones who have been running our country into the ditch the past eight years.

Oh wait...

Name: Anonymous 2008-09-23 0:41

>>3
Remember the election in 2006? wrote:Thought you might like to read the following:
A little over one year ago:

1) Consumer confidence stood at a 2 1/2 year high;
2) Regular gasoline sold for $2.19 a gallon and crude was $50 a barrel;
3) The unemployment rate was 4.5%.

Since voting in a Democratic Congress in 2006 we have seen:

1) Consumer confidence plummet;
2) The cost of regular gasoline soar to over $3.50 a gallon and crude to $117 a barrel;
3) Unemployment is up to 5% (a 10% increase);
4) American households have seen $2.3 trillion in equity value evaporate (stock and mutual fund losses);
5) Americans have seen their home equity drop by $1.2 trillion dollars;
6) 1% of American homes are in foreclosure.

America voted for change in 2006, and we got it!

Name: Anonymous 2008-09-23 0:55

>>1
I loled.

Name: Anonymous 2008-09-23 9:24

>>4
All problems caused by our laissez fair free market. Oh, and the Bush Administration.

Nice try though, troll.

Name: Anonymous 2008-09-23 9:34

conservatives are tinfoil-hat liberals.

Name: Anonymous 2008-09-23 14:11

Of course republicans are allowed to vote.

Name: Anonymous 2008-09-23 19:54

>>4
All of those effects are from policies in place since around 1999. The current economic crisis is the avalanche result of a decade of shitty Republican policy, it isn't going to change overnight. Especially not when everything beneficial that does get through is vetoed by the President.

Name: Anonymous 2008-09-24 13:59

>>9
Of couse thats what the media wants you to believe

Name: Anonymous 2008-09-24 23:15

>>10
Because the media is run by reptilians, amirite?

Name: Anonymous 2008-09-25 1:44

>>11
No, but it is run by leftists.

Name: Anonymous 2008-09-25 1:59

>>9
the avalanche has been many decades in formation.  both political parties are a part of it and at fault.  the real problem is the way the economy is run and the continued existence of a National Bank, which harms the economy by creating money that doesn't exists.  It allows banks to make loans with money they don't have, and shit is starting to hit the fan.  may it be part of a larger plan to reduce the value of the dollar and replace that devalued dollar with a regional currency? perhaps...

Name: Anonymous 2008-09-25 2:14

>>13  many decades in formation
14 years, to be precise.

'Crony' Capitalism Is Root Cause Of Fannie And Freddie Troubles By TERRY JONES INVESTOR'S BUSINESS DAILY
| Posted Monday, September 22, 2008 4:30 PM PT

In the past couple of weeks, as the financial crisis has intensified, a new talking point has emerged from the Democrats in Congress: This is all a "crisis of capitalism," in socialist financier George Soros' phrase, and a failure to regulate our markets sufficiently. Well, those critics may be right — it is a crisis of capitalism. A crisis of politically driven crony capitalism, to be precise. Indeed, Democrats have so effectively mastered crony capitalism as a governing strategy that they've convinced many in the media and the public that they had nothing whatsoever to do with our current financial woes. Barack Obama has repeatedly blasted "Bush-McCain" economic policies as the cause, as if the two were joined at the hip. Funny, because over the past 8 years, those who tried to fix Fannie Mae and Freddie Mac — the trigger for today's widespread global financial meltdown — were stymied repeatedly by congressional Democrats. This wasn't an accident. Though some key Republicans deserve blame as well, it was a concerted Democratic effort that made reform of Fannie and Freddie impossible. The reason for this is simple: Fannie and Freddie became massive providers both of reliable votes among grateful low-income homeowners, and of massive giving to the Democratic Party by grateful investment bankers, both at the two government-sponsored enterprises and on Wall Street. The result: A huge taxpayer rescue that at last estimate is approaching $700 billion but may go even higher. It all started, innocently enough, in 1994 with President Clinton's rewrite of the Carter-era Community Reinvestment Act. Ostensibly intended to help deserving minority families afford homes — a noble idea — it instead led to a reckless surge in mortgage lending that has pushed our financial system to the brink of chaos.

Name: Anonymous 2008-09-25 2:16

>>14 cont

Subprime's Mentors

Fannie and Freddie, the main vehicle for Clinton's multicultural housing policy, drove the explosion of the subprime housing market by buying up literally hundreds of billions of dollars in substandard loans — funding loans that ordinarily wouldn't have been made based on such time-honored notions as putting money down, having sufficient income, and maintaining a payment record indicating creditworthiness.

With all the old rules out the window, Fannie and Freddie gobbled up the market. Using extraordinary leverage, they eventually controlled 90% of the secondary market mortgages. Their total portfolio of loans topped $5.4 trillion — half of all U.S. mortgage lending. They borrowed $1.5 trillion from U.S. capital markets with — wink, wink — an "implicit" government guarantee of the debts.

This created the problem we are having today.

As we noted a week ago, subprime lending surged from around $35 billion in 1994 to nearly $1 trillion last year — for total growth of 2,757% as of last year.

No real market grows that fast for that long without being fixed.

And that's just what Fannie and Freddie were — fixed. They became a government-run, privately owned home finance monopoly.

Fannie and Freddie became huge contributors to Congress, spending millions to influence votes. As we've noted here before, the bulk of the money went to Democrats.

Name: Anonymous 2008-09-25 2:18

>>15 cont.

Dollars To Dems

Meanwhile, Fannie and Freddie also became a kind of jobs program for out-of-work Democrats.

Franklin Raines and Jim Johnson, the CEOs under whom the worst excesses took place in the late 1990s to mid-2000s, were both high-placed Democratic operatives and advisers to presidential candidate Barack Obama.

Clinton administration official Jamie Gorelick also got taken care of by the Fannie-Freddie circle. So did top Clinton aide Rahm Emanuel, among others.

On the surface, this sounds innocent. Someone has to head the highly political Fannie and Freddie, right?

But this is why crony capitalism is so dangerous. Those in power at Fannie and Freddie, as the sirens began to wail about some of their more egregious practices, began to bully those who opposed them.

That included journalists, like the Wall Street Journal's Paul Gigot, and GOP congressmen, like Wisconsin Rep. Paul Ryan, whom Fannie and Freddie actively lobbied against in his own district. Rep. Cliff Stearns, R-Fla., who tried to hold hearings on Fannie's and Freddie's questionable accounting practices in 2004, found himself stripped of responsibility for their oversight by House Speaker Dennis Hastert — a Republican.

Where, you ask, were the regulators?

Congress created a weak regulator to oversee Freddie and Fannie — the Office of Federal Housing Enterprise Oversight — which had to go hat in hand each year to Capitol Hill for its budget, unlike other major regulators.

With lax oversight, Fannie and Freddie had a green light to expand their operations at breakneck speed.

Fannie and Freddie had a reliable coterie of supporters in the Senate, especially among Democrats.

"We now know that many of the senators who protected Fannie and Freddie, including Barack Obama, Senator Clinton and Christopher Dodd, have received mind-boggling levels of financial support from them over the years," wrote economist Kevin Hassett on Bloomberg.com this week.

Name: Anonymous 2008-09-25 2:19

>>16 Cont.
Buying Friends In High Places

Over the span of his career, Obama ranks No. 2 in campaign donations from Fannie and Freddie, taking over $125,000. Dodd, head of the Senate Banking panel, is tops at $165,000. Clinton, ranked 12th, has collected $75,000.

Meanwhile, Freddie and Fannie opened what were euphemistically called "Partnership Offices" in the districts of key members of Congress to channel millions of dollars in funding and patronage to their supporters.

In the space of a little more than a decade, Fannie and Freddie spent close to $150 million on lobbying efforts. So pervasive were their efforts, they seemed unassailable, even during a Republican administration.

Yet, by 2004, the crony capitalism had gone too far. Even OFHEO issued a report essentially criticizing Fannie and Freddie for Enron-style accounting that let them boost profits in order to pay their politically well-connected executives hefty bonuses.

It emerged that Clinton aide Raines, who took Fannie Mae's helm as CEO in 1999, took in nearly $100 million by the time he left in 2005. Others, including former Clinton Justice Department official Gorelick, took $75 million from the Fannie-Freddie piggy bank.

Even so, Fannie and Freddie were forced to restate their earnings by some $3.5 billion, due to the accounting shenanigans.

As we noted, those who tried to halt this frenzy of activity found themselves hit by a political buzz saw.

President Bush, reviled and criticized by Democrats, tried no fewer than 17 times, by White House count, to raise the issue of Fannie-Freddie reform. A bill cleared the Senate Banking panel in 2005, but stalled due to implacable opposition from Democrats and a critical core of GOP abettors. Rep. Barney Frank, who now runs the powerful House Financial Services Committee, helped spearhead that fight.

Now, with the taxpayer tab approaching $1 trillion or more, we're learning the costs of crony capitalism.

In the coming days, an IBD series will look into this phenomenon in greater detail — how we got here, who's responsible, and why nothing was done.

Don't change these.
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