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ColonelTom's Journal
Posted by ColonelTom in General Discussion (1/22-2007 thru 12/14/2010)
Tue Sep 23rd 2008, 07:24 PM
According to Wikipedia, as of March 2007, there were $1.3 trillion dollars of subprime loans outstanding. As of October 2007, 16% of the subprime loans outstanding were at least 90 days delinquent.

What would happen if our government just paid down a set percentage of all the subprime loans out there, reducing the monthly payments for the individuals who took out those loans to something more manageable?

Would this be a better use of hundreds of billions of our tax dollars, if combined with rules preventing the issuance of further subprime loans?
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Posted by ColonelTom in General Discussion: Presidential (Through Nov 2009)
Tue Sep 02nd 2008, 10:23 AM
Well, the fundies will like that apparently Sarah Palin's husband still appears to be the "man of the house" - the Governor's mansion, that is:

In the aftermath of the Walt Monegan firing, one question keeps surfacing over and over again; why does the governor's husband, Todd Palin appear to hold so much power?

* * *

The stories started last year when Representative Ralph Samuels told me about going into a meeting, he thought would be private, with Governor Sarah Palin. Much to his surprise, Todd Palin was there and proceeded to sit through the entire meeting.... Other lawmakers have shared similar stories and were shocked at how inappropriate Todd's presence was at meetings with the governor.

* * *

The most alarming indication of Todd Palin's reach into state government came just yesterday. Last month, a group of Alaskans filed a freedom of information act for emails sent from the computers of both Frank Bailey and Ivey Frye. Along with several boxes of documents, they received a cover letter along with 78 pages detailing the emails that were not released due to "Deliberative Process and Executive Privilege".... The serious concern about these emails is that they were prohibited from being released to the public due to executive privilege, even though Todd Palin was copied on these same emails.

Todd Palin is not a member of the executive branch, nor is he even a government employee. Todd Palin is a member of the general public.


More at: http://www.andrewhalcro.com/shadow_governo...

(I felt this item deserved its own thread - original link is from this post on another thread).
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Posted by ColonelTom in General Discussion (01/01/06 through 01/22/2007)
Mon Sep 18th 2006, 09:03 AM
I'd put good money on the likelihood that taxpayer money (in the form of the NSA/CIA "black ops" budget) funded "The Path to 9/11".

I'd also bet that some second-tier management type at ABC - not the CEO - eventually gets axed in response to this alleged financial debacle, just to make it look semi-legit.
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Posted by ColonelTom in Editorials & Other Articles
Fri Sep 08th 2006, 08:43 PM
This piece of idiocy appeared in the Richmond (Ky.) Register today as its featured commentary:

Froma Harrop: Islamic Terror's Endless "Root Causes"


* * *

Since that gruesome blue-sky day, Islamic radicals have staged more attacks and have been foiled in others. But try to find a connecting theme, other than psychosis. There's only a pile of shifting motives.

Denmark just arrested nine Muslim men preparing explosives for some new outrage. Why, no one knows for sure. Could be the Danish cartoons of Muhammad. Could be because Denmark has troops in Iraq. Could be something else.

When German authorities caught two Lebanese men planting bombs on trains, they assumed the motive was the war in Lebanon. Turns out it was the cartoons. The suspects did tack Lebanon onto their grievance list, but actually, the attack had been planned before the war began.

* * * (numerous other examples of "shifting motives")

Given this Wal-Martian selection of motives, one must smile at the five-years-after editorial in The Economist, which states the number of jihadis has multiplied since Sept. 11, "partly as a result of the way America responded." By that, the British magazine means the war in Iraq.

We can agree that the war was based on trumped-up evidence, that it was poorly planned and that it is going badly. But Islamic terrorists are attacking people on nearly every continent -- many who have little or nothing to do with U.S. foreign policy. Multicultural, huggy-bear, we're-not-in-Iraq Canada has uncovered a plot by 17 Muslims to invade its Parliament and chop off the prime minister's head.

Perhaps terrorists see countries that make sensitive analyses of their complaints as easy marks. If so, then the eagerness to prettify mass murder with "root causes" could itself be a root cause.


Nice logic - if there's not a single clear motive, it must simply be general "psychosis." In other words, it wouldn't matter what we're doing in the world - "they" are simply "evil" (or "psychotic") and would attack us regardless of what we do. The inevitable implied conclusion - they're crazy psychos, so let's kill 'em all. Lovely.
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