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Glenn Beck this morning

Faster horses

Well-known member
I listened to Glenn Beck this morning as he is fast becoming one of
my favorite commentators.

He had a Congresswoman from New Jersey on and she told some
amazing things about BHO. She is a Democrat and did a lot of fund-raising for Hillary.

Among the things she talked about was the fact he is a Socialist;
he earmarked over 800 million dollars for pet projects; he has done
nothing that hasn't benefitted him. She says he gets his money from
BIG OIL.

She says she has to put Country before Party and she's not voting for
BHO.

I hope someone has time to look this up--the Glenn Beck Show on
XM this morning. I can't because I am leaving for a week to cook
at a hunting camp.

Glenn Beck is pretty neutral on parties anymore. He'll give 'em all hell.
He is however, very high on Sarah Palin.
 
Her????????

Glenn Beck is not a her. She's a him. :wink: :lol: :lol: :lol:

Anyway, you will enjoy what he has to say. I know I sure do.

Oh, he doesn't believe in global warming either. I don't think he
believes in Al Gore...
 

Ben H

Well-known member
He doesn't believe in MAN MADE global warming, he doesn't disagree that the temperature has risen a tiny bit.

The NJ person you're referring to was the interview with Lynn Rothschild, here is the link to the transcript.

http://www.glennbeck.com/content/articles/article/196/15372/

Another transcript worth looking at was the intro to the show talking about who is responsible for this mess we're in. How long have people like myself been saying political correctness will be our downfall?

http://www.glennbeck.com/content/articles/article/198/15375/

Here's a link to his latest column. It's an analogy between the money mess and tickle me elmo.

http://www.cnn.com/2008/POLITICS/09/17/beck.wallstreet/index.html

I suggest signing up for his newsletter, If I was to rate my top picks for talk radio I would pick

1. Glenn Beck
2. Mark Levin
3. Rush
4. Monica Crowley
5. Bill O'Rielly
 
In case someone misses this, I'm going to post it here.
Its from the link Ben H. posted. Thanks Ben. I signed up for the newsletter
and I'm putting the other links to good use.
This one is about the financial mess and how it started. Glenn makes it fairly easy to understand.

NEW YORK (CNN) -- "Greed is good."

At least, that's what Michael Douglas' character Gordon Gekko claimed in the movie Wall Street. But, just like Gekko, the modern-day companies that followed that motto now find themselves wondering how everything could collapse so fast.

You know the names by now: Countrywide Financial, Bear Stearns, IndyMac, Fannie Mae, Freddie Mac, Lehman Brothers, AIG. And that's not even counting companies like Citigroup, Merrill Lynch, and Goldman Sachs that, while still in existence, have lost untold billions in market value and have laid off thousands of employees.

Maybe greed isn't so good after all.

Lehman was founded in 1844 when Henry Lehman, a German immigrant, opened a small shop in Montgomery, Alabama. His brothers joined him six years later and, by 1858 they were busy turning cotton provided by local farmers into a cash crop -- a business that didn't have anything to do with helping low-income families afford 27-bedroom McMansions.

More than 150 years later, after surviving the Great Depression, Black Monday, the savings and loan crisis and the dot-com bust, Lehman Brothers filed for bankruptcy protection. They had gone 14 years as a public company without ever reporting a single quarterly loss. Now they will never again post a profit.

Bear Stearns' story is eerily similar. Founded in 1923. Survived every crisis. Never posted a quarterly loss until last year. Gone without a trace.

So how did 235 years of rock-solid American finance disappear virtually overnight? Well, it's not as complicated as you think. If you replace all of the acronyms invented by the brainiacs on Wall Street with references to things that Main Street understands, it becomes a lot easier to see how it all happened. Here's a quick story I invented that does just that.

(Note to any Wall Street executives who might be reading this: I know this simple little story isn't perfect, but let's remember that you're the ones who tried to make everything complicated and I'm the one who still has a job.)

Don't Miss
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In Depth: Commentaries
It's just before Christmas,1996, and as you watch overeager parents trample each other to buy Tickle Me Elmo dolls for their kids, you see an opportunity. "This isn't a Tickle Me Elmo bubble," you think to yourself, "this is a long-term trend. Every person in America will soon own a Tickle Me Elmo, maybe even two. It's the American dream."

You approach your local banker about a loan and, naturally, he loves your idea. In fact, he loves it so much that for every $1 you have in your account, he's willing to lend you $34. Great deal, you think, as you max out your credit line and buy as many Tickle Me Elmos as you possibly can.

Sales are easy at first. People are lining up to buy your dolls and the prices are going far higher than you ever thought. The only person happier than you is your banker.

But the following year something unexpected happens: Kids stop asking for Tickle Me Elmos. You try to cut the price, but no buyers show up. You cut the price more, but your store remains empty.

Panic sets in.

You're pretty sure that this downturn is just temporary (after all, who wouldn't want a Tickle Me Elmo?) but you're quickly running out of cash. Your only option is to buy time and hope that Tickle Me Elmos start flying off your shelves again.

You visit every bank in town and, using your piles of Tickle Me Elmo dolls as collateral (which, of course, you purchased with money you didn't have) you get as much new capital as possible.

Soon that money is also gone. Even your friends and family refuse to give you any more loans. At the end of your rope, you go to your town council, which gives you a "bridge loan" to get you through the next few months (something that makes your Furby-selling competitors extremely upset).

Unfortunately, no matter how much you borrow, there's still one nagging little problem: No one wants to buy your stupid Tickle Me Elmo dolls anymore.

The longer you wait, the less they're worth. You sell some for pennies on the dollar, but pretty soon you can't even do that. Then things get even worse: News breaks that China is poisoning some Tickle Me Elmos before shipping them to the United States. Now your dolls are not just out of favor, they're toxic. You literally can't even give them away.

Soon the rest of your money dries up, as do the people who are willing to lend you any more of it. Now you're out of cash; out of a job, and, if not for the pile of poisonous Tickle Me Elmo dolls in your basement, completely alone -- which sounds kind of like the CEOs of Lehman Brothers and Bear Stearns.

Believe it or not, this ridiculous story may be far from reality, but it's not that far off from describing what these financial and mortgage companies did to themselves. Just replace the Tickle Me Elmo references with the once popular, then discounted, now completely toxic subprime mortgages and you're pretty much there.

When you cut through all the noise about "bridge loans" and "discount windows," what you're left with is the fact that too many companies still own way too many Tickle Me Elmos that no one wants to buy. Giving those companies more money doesn't solve anything, it just buys time. Unless and until the underlying problem is fixed, no real turnaround can happen.

But we all know that investors (and elected leaders worried about their careers this November) aren't all that patient. That's why the new chorus you're likely to soon hear will be from people arguing that the only way out of this mess is for the federal government to step in and purchase all of the toxic mortgages themselves. That would allow the companies with eyes bigger than their balance sheets to start over, with barely any repercussions whatsoever and without ever taking responsibility for their mistakes.

Come to think of it, maybe greed isn't so bad after all.

Would the government actually consider that idea? They already are. In fact, the only thing stopping politicians from "rewarding" us with a new government agency that will put billions more of our tax dollars at stake is, ironically enough, the election of new politicians.

Disclaimer: Tickle Me Elmo is still an extremely popular, non-toxic product and, to the best of my knowledge, is not responsible for the credit crisis.

The opinions expressed in this commentary are solely those of the writer.
 

kolanuraven

Well-known member
Faster horses said:
I listened to Glenn Beck this morning as he is fast becoming one of
my favorite commentators.

He had a Congresswoman from New Jersey on and she told some
amazing things about BHO. She is a Democrat and did a lot of fund-raising for Hillary.

Among the things she talked about was the fact he is a Socialist;
he earmarked over 800 million dollars for pet projects; he has done
nothing that hasn't benefitted him. She says he gets his money from
BIG OIL.

She says she has to put Country before Party and she's not voting for
BHO.

I hope someone has time to look this up--the Glenn Beck Show on
XM this morning. I can't because I am leaving for a week to cook
at a hunting camp.

Glenn Beck is pretty neutral on parties anymore. He'll give 'em all hell.
He is however, very high on Sarah Palin.


http://opinion.latimes.com/opinionla/2008/09/john-mccain-sar.html

Very, very few people occupy that truly elite niche of wealth, power and privilege that enfolds the family Rothschild. And giving Lady Rothschild her due, she was a fabulously wealthy lawyer and entrepreneur who made $100 million on her own before she married her fabulously wealthy husband (and honeymooned at the White House with Hillary and Bill).




Here's the article on the lady who is calling Obama an " elite"........she's got no room to run her yap!!!

Here's another article about her.....seems she's been around a bit!!

http://www.portfolio.com/views/columns/the-world-according-to/2007/10/05/An-interview-with-Lady-de-Rothschild
 

TexasBred

Well-known member
kolanuraven said:
Faster horses said:
I listened to Glenn Beck this morning as he is fast becoming one of
my favorite commentators.

He had a Congresswoman from New Jersey on and she told some
amazing things about BHO. She is a Democrat and did a lot of fund-raising for Hillary.

Among the things she talked about was the fact he is a Socialist;
he earmarked over 800 million dollars for pet projects; he has done
nothing that hasn't benefitted him. She says he gets his money from
BIG OIL.

She says she has to put Country before Party and she's not voting for
BHO.

I hope someone has time to look this up--the Glenn Beck Show on
XM this morning. I can't because I am leaving for a week to cook
at a hunting camp.

Glenn Beck is pretty neutral on parties anymore. He'll give 'em all hell.
He is however, very high on Sarah Palin.


http://opinion.latimes.com/opinionla/2008/09/john-mccain-sar.html

Very, very few people occupy that truly elite niche of wealth, power and privilege that enfolds the family Rothschild. And giving Lady Rothschild her due, she was a fabulously wealthy lawyer and entrepreneur who made $100 million on her own before she married her fabulously wealthy husband (and honeymooned at the White House with Hillary and Bill).




Here's the article on the lady who is calling Obama an " elite"........she's got no room to run her yap!!!

Here's another article about her.....seems she's been around a bit!!

http://www.portfolio.com/views/columns/the-world-according-to/2007/10/05/An-interview-with-Lady-de-Rothschild

So you loved her when she supported Hillary and when you HOPED she would support Little O.....but not now?? Obama would have worn lipstick for this woman's support. :lol: :lol: :lol:
 

kolanuraven

Well-known member
What about you big bad western studs( or duds in many cases here!!) that claim you " ride for the brand", be it good or bad....loyalty is supposed to be code of the West?


She was not loyal and jumped ship.....I have no use for that behaviour.
 
I don't think anyone would have stolen cattle just to "ride for the brand"
because someone asked them to do it.
There is a limit to what you would do in loyalty for someone--
apparently this woman had more than reached the limit.

Remember, she said she loved her party, but she loved her country more.
That's riding for the brand, but for the good of the country instead of a
individual she obviously doensn't trust. Maybe its just good old common sense. Not too many are blessed with that any more.
 
A

Anonymous

Guest
Lady-de-Rothschild kind of fits the elitism of Hillary or McCain and the current Republican party that showed itself well at the Repub convention with all the old dolls decked out in their $300,000 cocktail outfits and the old dudes in their $2000 Armani suits-- with the number one color of the room being "white" both in hair and skin color..... :wink:
 

Sandhusker

Well-known member
Oldtimer said:
Lady-de-Rothschild kind of fits the elitism of Hillary or McCain and the current Republican party that showed itself well at the Repub convention with all the old dolls decked out in their $300,000 cocktail outfits and the old dudes in their $2000 Armani suits-- with the number one color of the room being "white" both in hair and skin color..... :wink:

Why are you Dems. so hung up on race and color?
 

VanC

Well-known member
Speaking of elitists: :lol: :lol:

kolanuraven said:
From what I can see..... I'm gonna guess and say that Cindy's shoes are Jimmy Choo.....if so I've got a pair just like them.

$ 725.00


Gosh, you'd think I was a Rep by the look of my closet!!!!
 

Texan

Well-known member
kolanuraven said:
What about you big bad western studs( or duds in many cases here!!) that claim you " ride for the brand", be it good or bad....loyalty is supposed to be code of the West?


She was not loyal and jumped ship.....I have no use for that behaviour.
Tenet, Powell, Greenspan, Sanchez, McClellan? I don't remember you having such a problem with loyalty when those guys jumped ship.
 
A

Anonymous

Guest
Texan said:
kolanuraven said:
What about you big bad western studs( or duds in many cases here!!) that claim you " ride for the brand", be it good or bad....loyalty is supposed to be code of the West?


She was not loyal and jumped ship.....I have no use for that behaviour.
Tenet, Powell, Greenspan, Sanchez, McClellan? I don't remember you having such a problem with loyalty when those guys jumped ship.

I wouldn't call that jumping the ship- thats just being honest...That used to be the western way--You'd die for some one- but you wouldn't lie for them...
But I'd expect only westerners to understand that- not Texans... :wink:
 

kolanuraven

Well-known member
VanC said:
Speaking of elitists: :lol: :lol:

kolanuraven said:
From what I can see..... I'm gonna guess and say that Cindy's shoes are Jimmy Choo.....if so I've got a pair just like them.

$ 725.00


Gosh, you'd think I was a Rep by the look of my closet!!!!


I never said I wasn't :wink: .....BIG DIFFERENCE!!!!
 

kolanuraven

Well-known member
Oldtimer said:
Texan said:
kolanuraven said:
What about you big bad western studs( or duds in many cases here!!) that claim you " ride for the brand", be it good or bad....loyalty is supposed to be code of the West?


She was not loyal and jumped ship.....I have no use for that behaviour.
Tenet, Powell, Greenspan, Sanchez, McClellan? I don't remember you having such a problem with loyalty when those guys jumped ship.

I wouldn't call that jumping the ship- thats just being honest...That used to be the western way--You'd die for some one- but you wouldn't lie for them...
But I'd expect only westerners to understand that- not Texans... :wink:

Tenet & Powell got thrown under the bus by the Admn.

Greenspan is greatly resp. for the mess we're in right now in the financial markets...it started on his watch.

Sanchez would not be a " yes" man........he got fed up and bailed out when the chance came.

McClellan...well when he wrote his book etc he was preaching to the choir as what all he told was not even ' news' by that time.

This Rothschild chick is pissed that she won't get to add a political appt to her resume under another Clinton admn., she's a sore looser is all.

She's a Palin.....like gas....it will pass.
 

Texan

Well-known member
Oldtimer said:
I wouldn't call that jumping the ship- thats just being honest...That used to be the western way--You'd die for some one- but you wouldn't lie for them...
But I'd expect only westerners to understand that- not Texans... :wink:
Well, I can assure you that most Texans wouldn't understand YOUR definition of honesty. :lol:
 
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