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Author Topic: DU: The Day The Dream of Utopia Died  (Read 1440 times)

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Offline Traveshamockery

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DU: The Day The Dream of Utopia Died
« on: February 21, 2009, 08:11:38 PM »
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x5101153

Well, some of the dummies might now be suspecting what most of us have known all along.

Reality bites, eh Dummies?


Quote
Orwellian_Ghost  (1000+ posts)Fri Feb-20-09 08:04 PM
Original message
WTF?! Obama Administration To Subsididze Hedge Fund Industry While People Are Waiting In Food Lines?   Updated at 6:00 PM
   

U.S. Tries a Trillion-Dollar Key for Locked Lending
By VIKAS BAJAJ
Published: February 19, 2009

<snip>

Most banks no longer hold the loans they make, content to collect interest until the debt comes due. Instead, the loans are bundled into securities that are sold to investors, a process known as securitization.

But the securitization markets broke down last summer after investors suffered steep losses on these investments. So banks and other finance companies can no longer shift loans off their books easily, throttling their ability to lend.

The result has been a drastic contraction of the amount of credit available throughout the economy. By one estimate, as much as $1.9 trillion of lending capacity — the rough equivalent of half of all the money borrowed by businesses and consumers in 2007, before the recession struck — has been sucked out of the system.

Banking chiefs, who have come under sharp criticism for not making more loans even as they have accepted billions of taxpayer dollars to prop themselves up, say it is the markets, not the banks, that are squeezing American borrowers.

The Obama administration hopes to jump-start this crucial machinery by effectively subsidizing the profits of big private investment firms in the bond markets. The Treasury Department and the Federal Reserve plan to spend as much as $1 trillion to provide low-cost loans and guarantees to hedge funds and private equity firms that buy securities backed by consumer and business loans.



Quote
earth mom  (1000+ posts)       
Sat Feb-21-09 03:12 PM
Response to Reply #4
32. Same shit, different administration-no actually some of the players are the same.



Quote
inna  (269 posts) 
Sat Feb-21-09 10:17 AM
Response to Reply #19
22. what we have in place is "socialist handouts" to the obsenely rich...
   
at the expense of the taxpayers.

this is just total crookery.

i'm so pissed.



Quote
DCKit  Donating Member  (1000+ posts)
Sat Feb-21-09 01:41 PM
Response to Original message
27. No, no, no, no, no, no, no. n/t



Quote
whathappened  Donating Member  (1000+ posts) Sat Feb-21-09 07:43 PM
Response to Reply #40
42. where are we headed
   
i had such hopes that we would have a change after the election , it is dieing by the day for me , i see not much help going to the poor of this country , middle class is going no where but down hill , rich won't turn lose of any of there money , wake me up when when it is time to take to the streets
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Offline BEG

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Re: DU: The Day The Dream of Utopia Died
« Reply #1 on: February 21, 2009, 08:29:21 PM »
Where are all these food lines? 
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Offline Tucker

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Re: DU: The Day The Dream of Utopia Died
« Reply #2 on: February 21, 2009, 08:47:20 PM »
It's gonna be an entertaining two years. :evillaugh:
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Come to think of it, unions do create jobs. Companies have to hire two workers to do the work of one.

Offline asdf2231

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Re: DU: The Day The Dream of Utopia Died
« Reply #3 on: February 21, 2009, 09:57:26 PM »
This wasn't too far off...

Just Got Fooled Again!

They’ll be pooping in their seats
With their cheetos by their feet
And the candidate they worshiped will be gone
And the men who spurred them on
Won’t admit that they were wrong
They decided and the Pumas growled the song

I’ll tip my hat to the new mass confusion
Pop a grin at the DUmmy revolution
Pick on their dumb ass each day
Just like yesterday
As they log on DU and say
We just got fooled AGAIN!

They went and got it wrong
We knew it all along
They were liberated from their votes, that’s all
And the world looks just the same
And history ain’t changed
Cause the vote counts were all changed by Diebold 

I’ll tip my hat to the new mass confusion
Pop a grin at the DUmmy revolution
Pick on their dumb ass each day
Just like yesterday
As they log on DU and say
We just got fooled AGAIN!

They’ll move themselves and their families aside
If relocation money they can connive
I’ll read all the posts and I’ll smile at the sky
Though I know that a plane ticket they’ll never buy
Will ya?

There’s nothing on DU
Looks any different to me
And the posters are replaced, by-the-bye
And the parting on the Left
Still looks so funny on the Right
And the Med lists have grown longer overnight

I’ll tip my hat to the new mass confusion
Pop a grin at the DUmmy revolution
Pick on their dumb ass each day
Just like yesterday
As they log on DU and say
We just got fooled AGAIN!

YEEEEEAAAAAARGGGGHHHHHH!!!!!!!!!!1111111eleventyeleventy

Meet the new DUmp
Same as the old DUmp
Logged




Build a man a fire and he will be warm for awhile.
Set a man on fire and he will be warm for the rest of his life...

Offline Chris_

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Re: DU: The Day The Dream of Utopia Died
« Reply #4 on: February 21, 2009, 10:04:18 PM »
Quote from: BEG on February 21, 2009, 08:29:21 PM
Where are all these food lines? 

I'm curious where they see socialism implemented in this old world, that the leaders of said socialist utopia aren't the new generation of fat cats, and the poor and downtrodden aren't just as poor and downtrodden as they were back when they surrendered their freedoms to the Kollective?

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If you want to worship an orange pile of garbage with a reckless disregard for everything, get on down to Arbys & try our loaded curly fries.

Offline Traveshamockery

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Re: DU: The Day The Dream of Utopia Died
« Reply #5 on: February 21, 2009, 11:02:48 PM »
Quote from: asdf2231 on February 21, 2009, 09:57:26 PM
This wasn't too far off...

Just Got Fooled Again!

They’ll be pooping in their seats
With their cheetos by their feet
And the candidate they worshiped will be gone
And the men who spurred them on
Won’t admit that they were wrong
They decided and the Pumas growled the song

I’ll tip my hat to the new mass confusion
Pop a grin at the DUmmy revolution
Pick on their dumb ass each day
Just like yesterday
As they log on DU and say
We just got fooled AGAIN!

They went and got it wrong
We knew it all along
They were liberated from their votes, that’s all
And the world looks just the same
And history ain’t changed
Cause the vote counts were all changed by Diebold 

I’ll tip my hat to the new mass confusion
Pop a grin at the DUmmy revolution
Pick on their dumb ass each day
Just like yesterday
As they log on DU and say
We just got fooled AGAIN!

They’ll move themselves and their families aside
If relocation money they can connive
I’ll read all the posts and I’ll smile at the sky
Though I know that a plane ticket they’ll never buy
Will ya?

There’s nothing on DU
Looks any different to me
And the posters are replaced, by-the-bye
And the parting on the Left
Still looks so funny on the Right
And the Med lists have grown longer overnight

I’ll tip my hat to the new mass confusion
Pop a grin at the DUmmy revolution
Pick on their dumb ass each day
Just like yesterday
As they log on DU and say
We just got fooled AGAIN!

YEEEEEAAAAAARGGGGHHHHHH!!!!!!!!!!1111111eleventyeleventy

Meet the new DUmp
Same as the old DUmp



H5!  Did you rewrite those lyrics?  That's great! 
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Offline Traveshamockery

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Re: DU: The Day The Dream of Utopia Died
« Reply #6 on: February 21, 2009, 11:05:29 PM »
Quote from: BEG on February 21, 2009, 08:29:21 PM
Where are all these food lines? 


The only lines around these parts are to get into the Saxet gun show.  My husband went today and he had to wait in line just to get in the place.  He said he's never seen the place so packed with people. 
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Offline djones520

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Re: DU: The Day The Dream of Utopia Died
« Reply #7 on: February 21, 2009, 11:32:19 PM »
Quote
DCKit  Donating Member  (1000+ posts)
Sat Feb-21-09 01:41 PM
Response to Original message
27. No, no, no, no, no, no, no. n/t

I enjoyed that post the most.  You could just feel the total anguish in it, because that person knows that they are responsible for this.

Everytime we see a post like that, we can sit back and laugh, because hey, we voted against it.
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Offline BlueStateSaint

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Re: DU: The Day The Dream of Utopia Died
« Reply #8 on: February 22, 2009, 04:09:03 AM »
Quote from: asdf2231 on February 21, 2009, 09:57:26 PM
This wasn't too far off...

Just Got Fooled Again!

They’ll be pooping in their seats
With their cheetos by their feet
And the candidate they worshiped will be gone
And the men who spurred them on
Won’t admit that they were wrong
They decided and the Pumas growled the song

I’ll tip my hat to the new mass confusion
Pop a grin at the DUmmy revolution
Pick on their dumb ass each day
Just like yesterday
As they log on DU and say
We just got fooled AGAIN!

They went and got it wrong
We knew it all along
They were liberated from their votes, that’s all
And the world looks just the same
And history ain’t changed
Cause the vote counts were all changed by Diebold 

I’ll tip my hat to the new mass confusion
Pop a grin at the DUmmy revolution
Pick on their dumb ass each day
Just like yesterday
As they log on DU and say
We just got fooled AGAIN!

They’ll move themselves and their families aside
If relocation money they can connive
I’ll read all the posts and I’ll smile at the sky
Though I know that a plane ticket they’ll never buy
Will ya?

There’s nothing on DU
Looks any different to me
And the posters are replaced, by-the-bye
And the parting on the Left
Still looks so funny on the Right
And the Med lists have grown longer overnight

I’ll tip my hat to the new mass confusion
Pop a grin at the DUmmy revolution
Pick on their dumb ass each day
Just like yesterday
As they log on DU and say
We just got fooled AGAIN!

YEEEEEAAAAAARGGGGHHHHHH!!!!!!!!!!1111111eleventyeleventy

Meet the new DUmp
Same as the old DUmp

Pure genius, asdf.  If you didn't write it, you get the H5 anyway. 

D6, the "fat cats" may include a Grotto Gato, or Gutter Gato . . .
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Offline DumbAss Tanker

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Re: DU: The Day The Dream of Utopia Died
« Reply #9 on: February 22, 2009, 08:37:33 AM »
Sweet, delicious tears of DUmmie despair, yummmmm! /mode=Cartman

 :cheersmate:
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Offline crockspot

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Re: DU: The Day The Dream of Utopia Died
« Reply #10 on: February 22, 2009, 11:09:54 AM »
Obama bin Bushitler!!!!!!11111elevenone
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Offline asdf2231

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Re: DU: The Day The Dream of Utopia Died
« Reply #11 on: February 22, 2009, 12:00:07 PM »
Quote from: Traveshamockery on February 21, 2009, 11:02:48 PM

H5!  Did you rewrite those lyrics?  That's great! 

Yeah. :-)

I did it before the election in anticipation of McCain not actually sucking so bad, but it's apparantly still relevant. :)
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Build a man a fire and he will be warm for awhile.
Set a man on fire and he will be warm for the rest of his life...

Offline NHSparky

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Re: DU: The Day The Dream of Utopia Died
« Reply #12 on: February 22, 2009, 12:10:09 PM »
^5 asdf, and yeah, I totally stole it.  It's now posted elsewhere.  You should post it on FR if you have an account.
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Offline diesel driver

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Re: DU: The Day The Dream of Utopia Died
« Reply #13 on: February 22, 2009, 01:13:01 PM »
Great lyrics, asdf.
Would you happen to be related to a certain Lutheran minister from Missouri that post on FR?
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Murphy's 3rd Law:  "You can't make anything 'idiot DUmmie proof'.  The world will just create a better idiot DUmmie."

Liberals are like Slinkys.  Basically useless, but they do bring a smile to your face when you push them down a flight of stairs...
 
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Offline asdf2231

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Re: DU: The Day The Dream of Utopia Died
« Reply #14 on: February 22, 2009, 01:24:55 PM »
Quote from: diesel driver on February 22, 2009, 01:13:01 PM
Great lyrics, asdf.
Would you happen to be related to a certain Lutheran minister from Missouri that post on FR?

Nopers.

My handle on FR is "Manmountain" but I don't think I've logged in over there in better than a year.

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Build a man a fire and he will be warm for awhile.
Set a man on fire and he will be warm for the rest of his life...

Offline NHSparky

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Re: DU: The Day The Dream of Utopia Died
« Reply #15 on: February 22, 2009, 01:56:42 PM »
Maybe we should just head up every DU thread with this:

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“Any man who thinks he can be happy and prosperous by letting the government take care of him better take a closer look at the American Indian.”  -Henry Ford

Offline BlueStateSaint

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Re: DU: The Day The Dream of Utopia Died
« Reply #16 on: February 22, 2009, 02:02:38 PM »
Quote from: NHSparky on February 22, 2009, 01:56:42 PM
Maybe we should just head up every DU thread with this:



Works for me, Sparky!
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"Timid men prefer the calm of despotism to the tempestuous sea of Liberty." - Thomas Jefferson

"All you have to do is look straight and see the road, and when you see it, don't sit looking at it - walk!" -Ayn Rand
 
"Those that trust God with their safety must yet use proper means for their safety, otherwise they tempt Him, and do not trust Him.  God will provide, but so must we also." - Matthew Henry, Commentary on 2 Chronicles 32, from Matthew Henry's Commentary on the Whole Bible

"These anti-gun fools are more dangerous to liberty than street criminals or foreign spies."--Theodore Haas, Dachau Survivor

Chase her.
Chase her even when she's yours.
That's the only way you'll be assured to never lose her.
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