TerraN_EmpirE
Tyrant King
Work on going
US Military News, Reports, Data, etc.
- Thread starter tphuang
- Start date
You are sadly misinformed. Laws were passed by Congress (and as I said, principally as a result of very propgressive/socialistic DNC policies) requiring banking institutions to make these laons to the underpriveleged, and they monitored banks and the loans they made, and fined add punished them if they did not make said loans according to Federal Law and guidlines.
Being some how "in bed," with big finance in some kind of socialistic/class warfare explanation had little to do with it, although numerous House and Senate members were paid large campaign donations by Fannie Mae and Freddie Mac (and you can guess who the largest recipients werre...Chris Dodd, Barnie Frank, Barack Obama, etc.)...it was much more an issue of making good on promises to social special interests groups and using such legislation to buy and secure their votes.
Sorry, but that is just what happened, and it caused tremendous financial problems, which the very people who were the principle cause then beloowed the loudest about in order to be put in charge of fixing it...which they have wholly failed to do.
I agree that the government should have no power to exercise such regulations or control...but hey, they regulate how much water you can flush down your toilet too.
They have justified all sorts of things for which the founders would not only roll over in their graves, but probably out and put rebel against, in the name of the "general health and welfare," clause, and in the name of the "interstate commerce," clause.
Agree whole heartidly with all ten TE! I have others...but your ten are also very very good.Terran_Empire said:
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Here's why it says, in a leaked "report," that the F-35A could not fly at night:
National Post Canada said:
So, this online magazine's article indicates that the F-35A cannot fly at night and makes a big deal of it, as if though something was terribly wrong with the aircraft. Then quietly slips in the telling phrase that it is becauie at the time the "report," was written, certification for that type of flying was not complete!
This from a magazine that also put out this article:
Yep, that's all the credibility I need. Sounds like the Canadian version of the National Enquirer.
I will just have to agree to disagree as I find you to be sadly misinformed and misguided about the economy as your ideas on handling it would quickly corrupt and destroy the ability of the US to be a democratic republic offering its citizens real freedoms.
Economy aside, I found your 'What I would do as President' an enjoyable read. I agree with you on the wide range of topics that ultimately contributes to national security, from securing the border to maintaining military superiority.
Name one idea or comment I have made that would corrupt or destroy American freedoms enumerated by the US Constitution. I am very familiar with and taken an oath to defend the Constitution which is the instrument that has allowed for those freedoms...and to bear true faith and allegiance to the same.
Your contention that anything I have said or offered on these pages would corrupt or destory that is an affront and I challenge you to back up that assertion or withdraw it.
The fact is, what I have said about the Housing crisis is what happened. When I said to you,
"Laws were passed by Congress (and as I said, principally as a result of very propgressive/socialistic DNC policies) requiring banking institutions to make these loans to the underpriveleged, and they monitored banks and the loans they made, and fined and punished them if they did not make said loans according to Federal Law and guidlines."
I submit that those actions, taken by an out of control congress are what is destroying freedoms and corrupting the United States. I do not agree with what they did at all, and have been pointing it out to others for years. Me pointing out actions like this is the epitomy of our freedom of speech and is no threat to that freedom.
I can cite the pieces of legislation and who authored them if you want...but the United States politicians, who are themselves violating their oaths and not establishing a budget according to their duties under the constitution, and spending trillions of dollars regarding issues like this, that are not at all outlined or even implied under the constitution, are the types of things that are corrupting and destroying those freedoms...not the fact that I point them out.
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Hi Jeff, I did not mean that as a personal affront so I will withdraw that comment. I just want to note that the lack of accountabiity is not limited to politicians but is rampant in the business sector as well which affects society as much as if not more than the government does. And thanks to the moderators for bearing with our exchange of ideas for this long though we are knowingly off topic. Panasian
Thank you for withdrawing that statement...it needed to be withdrawn because it was a declarative statement about me and my own actions and intentions, where in relality, my own activites have had the exact opposite effect as what was stated.
Read as an example.
I will not deny that there is also corruption in business and that it does impact us all. But it does not pose nearly the threat and danger, or have the power to inflict such danger to all of our freedoms as what a corrupt administration or congress could pose and inflict.
There are ample laws governing those businesses (and as I have shown, in far too many cases, too many laws and laws that are not constitutionally grounded). If a business violates the law, there are all types of avenues to have them reported and charged...and whole agencies to take part in it local, state and federal. In general, this works well in America (particularly if you compare it to other places in the world where bribes and payments and non-judicial/extra-legal ramifications are common place).
But when a large political institution goes amuk, and particularly when their aims for so doing can influence the political individuals appointed to head up, or oversee those law enforcement agencies, then the ability for us all to be impacted and the entire system to be co-opted is very great indeeed, and not nearly as easy to stop.
My original point was that there was far, far more to do with the housing and credit crisis in terms of it being pushed for and enabled by corrupt politics for decades than just "greedy bankers". And just what does that mean anyway? That they want to make a profit? Making a profit is the life blood of the free market and the driving engine to innovation and progress. If they want to do things illegally...then that is different...but in the free market, the whole idea is to profit from what you are doing as an incentive for your business to grow...then the free market governs itself.
At anyrate, financial institutions, both those working honestly and those who may have been trying to srkirt the law, were all manipuilated in the path that led to the crisis, and in which Freddie Mac and Fannie Mae were up to their eyeballs in it...both of which are wholly regulated by federal law much more so than any private lending company. IMHO, both of those entities should be done away with and have it returned to the free market with appropriate, but not overburdensome oversight.
Anyhow...we are indeed far off point and topic. I honestly believe if we were in the same room discussing this we would agree on 99% of what we are saying.
Oh well, back to military news:
The High Energy Liquid Laser Area Defense System (HELLADS) is scheduled to have its first airborne tests next year.
Pretty amazing stuff.
I think so too, as great a communication tool internet forums are it is difficult to have as thorough an in-depth discussion as in-person conversations.