"We've Figured Him Out... Why Obama Is In Such A Hurry".. Ben Stein
- Thread starter Scataphagos
- Start date
1. This shouldn't be about the messenger.
2. Where were these guys? Whenever someone mentioned something negative about Obama, he was immediately branded "racist". Many spoke up. Nobody wanted to listen.
BS is an idiot and clearly entering the alzheimers stages with t bag delusions.
Obama is racist?WTF,that is straight stupid and what you expect from tbag crowd.BS has really lost it.
Obama graduated from harvard law and was head of harvard law review.What has BS EVER contributed to society?Just a doughboy.
Obama is racist?WTF,that is straight stupid and what you expect from tbag crowd.BS has really lost it.
Obama graduated from harvard law and was head of harvard law review.What has BS EVER contributed to society?Just a doughboy.
Yes, Ben Stein is a real braniac, calling for higher taxes.
Speechwriter, Economist, Actor Ben Stein wrote:
âBy definition, the truly rich have a lot more money than they need. If they donât, then they are not rich by my standards. The first step toward putting our house in order, once we are past the seemingly looming recession, is much higher taxes on the truly rich and serious enforcement to prevent offshore tax evasion. â
http://www.nytimes.com/2008/03/09/b...p=2&adxnnlx=1255928615-uq8+zF7Nu0VhRbVwUD+RGg
Speechwriter, Economist, Actor Ben Stein wrote:
âBy definition, the truly rich have a lot more money than they need. If they donât, then they are not rich by my standards. The first step toward putting our house in order, once we are past the seemingly looming recession, is much higher taxes on the truly rich and serious enforcement to prevent offshore tax evasion. â
http://www.nytimes.com/2008/03/09/b...p=2&adxnnlx=1255928615-uq8+zF7Nu0VhRbVwUD+RGg
On August 18, 2007, on Fox News Channel's Cavuto on Business, Stein appeared with other financial experts dismissing worries of a coming credit crunch[23]. The lone dissenter was Peter Schiff, who predicted that the mortgage sector would create a crisis leading to massive recession, a view that produced laughter from the other experts. Stein strongly recommended investing in then-troubled financial institutions[23].
Ben Stein: The credit crunch is way overblown. The [financial institutions] are being given away; they're so unbelievably cheap...The subprime problem is a problem, but it's a tiny problem in the context of this economy...It's a buying opportunity, especially for the financials, maybe like I've never seen before in my entire life.
A year and a month later, in the Global Financial Crisis of September 2008, global stock markets crashed, Lehman Brothers went bankrupt, Fannie Mae and Freddie Mac were taken over by the US government, AIG was bailed out by the Federal Reserve, Merrill Lynch was sold to Bank of America Corporation, and Morgan Stanley and Goldman Sachs confirmed that they would become traditional bank holding companies.
In finance.yahoo.com on October 17, 2008 Stein explained that his understanding of the debt obligations based on real estate loans was less than the "staggeringly large" amount of obligations that got created through trade in derviatives of those, and so why it wasn't as similar to collapse of junk bond empire in early 1990s as he'd thought it would be: "Where I missed the boat was not realizing how large were the CDS based on the junk mortgage bonds."
Ben Stein: The credit crunch is way overblown. The [financial institutions] are being given away; they're so unbelievably cheap...The subprime problem is a problem, but it's a tiny problem in the context of this economy...It's a buying opportunity, especially for the financials, maybe like I've never seen before in my entire life.
A year and a month later, in the Global Financial Crisis of September 2008, global stock markets crashed, Lehman Brothers went bankrupt, Fannie Mae and Freddie Mac were taken over by the US government, AIG was bailed out by the Federal Reserve, Merrill Lynch was sold to Bank of America Corporation, and Morgan Stanley and Goldman Sachs confirmed that they would become traditional bank holding companies.
In finance.yahoo.com on October 17, 2008 Stein explained that his understanding of the debt obligations based on real estate loans was less than the "staggeringly large" amount of obligations that got created through trade in derviatives of those, and so why it wasn't as similar to collapse of junk bond empire in early 1990s as he'd thought it would be: "Where I missed the boat was not realizing how large were the CDS based on the junk mortgage bonds."
thats similar the same bullshit answers we got from greenspan and paulson.
at least Ben did not destroy our financial future.
It does seem like he is jumping on the train a bit late - rush and hanity must feel like geniuses right now.
they were the few high profile guys with the balls to call him the socialist loser he is turning out to be.
No pun intended.
In the article, Stein blames several times only the American people: "They ignored his anti-white writings in his books. They ignored his ultra-left record as a "community organizer," Illinois state legislator, and Senator." etc. etc. The media ignored all that.
Stein ignores the responsibility of the American media that he is a part of. The media chose to promote only Hitlery Clinton at first, then dropped her like a rock for 0bambi. The Left and media really should have stayed with Clinton, a real politician that knows how to get things done. She would have accomplished something, nothing good of course, other than the Peace Prize.
It may actually, hopefully, work out for the best as the people turn against 0bama's agenda. Let's hope there is no change.
Stein ignores the responsibility of the American media that he is a part of. The media chose to promote only Hitlery Clinton at first, then dropped her like a rock for 0bambi. The Left and media really should have stayed with Clinton, a real politician that knows how to get things done. She would have accomplished something, nothing good of course, other than the Peace Prize.
It may actually, hopefully, work out for the best as the people turn against 0bama's agenda. Let's hope there is no change.
on the distinct possibility that you are b-b-b-b-blind to the fact that it is their job to malign ANY democrat that is in or could threaten to be in power, just realize that the more obese of the two was saying the same shit, i.e. the ultimate ruination of the economy, socialism is upon us, etc.etc.etc. in 1993 when Clinton's presidency had just started. do you think it let up in the late 90's or that anything economically positive was ever attributed to any decisions Clinton had made?
just like this stein guy's BS, it is what is known as propaganda. do you know that word? it means something akin to proselytizing to the dimwitted masses so that they believe in your cause. i am not saying it didn't happen with the left and obama's election but rush's bitching is a little old, don't you think?