The sanctimony of morons
The House Financial Services Committee dog-and-pony, bash-the-banks theater has just taken a recess.
I’m ready to puke. If there’s one thing more maddening than the private companies that crawled to the feds for a bailout, it’s the bailout Chicken Littles sanctimoniously inveighing against them for spending all the TARP money they forked over in a blind panic without proper strings attached.
Democrat Rep. Nydia Velasquez was barely coherent in her “questions”/monologue on foreclosures and bankruptcy. Democrat Rep. Gary Ackerman launched into class warfare lecture demanding that the bank CEOs tell him how much of their own personal money they gave to their companies.
The politician’s ability to grandstand is inversely proportional to his/her actual knowledge and experience in running a successful business.
Got to go double my airsickness bag…
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How much of your money have you given to the government besides mandatory taxes, mr. ackerman, which it now seems that democrats do not have to pay anyway.
These people make me sick.
Isn’t that the truth!
Lets see, they gave them tens of billions of dollars each, with no oversight, then they act suprised when they spent it???
DEE DEE DEE
“Oversight? We doan need no steenkin’ oversight….”
… and don’t forget M Waters – she is always completely lost in the woods!
Todays major break thru question from Maxine: “Why did the banks charge fees to accept TARP money?”
Maxine, they did not understand why you did not understand that it is YOUR regulations that require them to charge fees!
Now, maybe someone could have asked for a waiver of the govt regulations, but then they would be talking about why they acted in such haste, and M Waters would be asking for a criminal investigation!
I alays enjoy watching Waters bring the hearing to a complete stop while everyone tries to figure out if there is even a rational question in her statements.
I recommend Hefty Ziploc bags. That way you can save your ralph to throw at them later. Freeze the bags first, that way it’ll be sure to sting a little.
The Democrats could do a great deal to stimulate business without spending a penny of public money. By just stopping the class warfare, bashing corporations, threats of seizing profits, rants about nationalizing oil companies, ever more expensive environmental and safety regulations, trial lawyer attack dogs, etc… None of these things are conducive to a healthy business environment. I’m always amazed that top execs put up with this and don’t just throw in the towel and retire or leave the country.
Michelle, perhaps we should all mail Congress Syrup of Ipecac so they can feel the nausea we are all experiencing from their stimulus.
Maxine Waters? Are there ANY members of the Black Caucus who not not thieves and stupid?
Sorry Mr. Lincoln, but they did die in vain.
It would be nice if the same sanctimonious morons would level their scorn on the members of their own ‘club’, but I really have no sympathy for these CEO’s, once you have put the Government in the cat bird seat, you’d better be ready for the inevitable. There is nothing these politicians love more than being in the position of telling you what you should or shouldn’t be doing with your money. Flmom’s maxim in life: never let anyone own you.
Embarrasing. Idiots in government demanding answers for a problem they caused and their own failures.
“Yes, Mr. bank CEO, why don’t I have a clue what you did with the panic money we gave you with no instructions on how it should be used? Why do we as government officials not have a clue? Surely it is your fault we messed up, don’t you agree?”
Sen. Harkin: ‘We need the Fairness Doctrine back’
At least three now:
Schumer-NY
Feinstein- Kalifornia
Harkin–phony Viet Nam Vet
Well said.
Speaking of barely coherent, here’s some comic relief.
I heard a newscaster report that the CEO’S were asked how they could TAKE taxpayers money and use it for perks. Excuse me, but the CEO’s were GIVEN taxpayers money by CONGRESS, nobody TOOK nothing!!
Michelle, I’m so glad you watch this kind of crap, so we don’t have to!
Rush was just telling us all the things the bank cannot do with the TARP $$, but one of the things they CAN do, is to use it to donate to the donks! Why am I not surprised?
The real idiots are the people who blindly continue to send the other idiots back to Washington every two years.
Next up…Dodd and Frank are going to grill Fannie and Freddie execs and demand to know why they did what Dodd and Frank told them to do.
What a shame they are not so concerned with Dodd’s roll in the economic downturn or his corrupt association with Countrywide Bank.
It almost smells like bias!
As was posted (#9). My God please don’t let this be taken as RRRAAAAAACCCCCIIISST, but isn’t that just a little like the pot and kettle?
I remember so distinctly her sitting there with her own arrogance saying that everything at Fannie Mae and Freddie Mac was in order. She needs to put that pipe down for just a while. Ya’ think?
Why are we trying to save these banks? They are lumbering dinosaurs, getting in the way of moving forward from this financial crisis.
A reality check
These politicians just continue to prove what hypocrites they are. It’s perfectly o.k. for them to go on luxury trips to 5 star resorts on the taxpayers’ money but those eeeeevvviiiiilllll bankers had better not buy a jet for the business.
The American public is getting exactly what it deserves:
Systemic liberalism, and systemic incompetence.
It pains me to say it, but that’s what it all boils down to.
They caused this cesspool because we voted for them (in the aggregate, of course).
It could not possibly be worse than Goodling and Gonzalez and the “I don’t recall who ordered the firing” and “I was in charge but I didn’t make the decisions”
Or Hillary Clinton’s “I don’t recall” eh, lgm?
Ouch. Unfortunately, you are 95% correct.
TY, that was funny, lmao
This would be funny if they were not so pathetic. The economy is in dire straits and these clowns keep making it worse.
DDDRRRRAAAGGGIIINNNGGGG LGM into 2009…
rambler, if your post was in reference to mine, I was laughing at the video, not what Franks, The Dud and others have done to destroy our economy. That wase obvious to me.
so far there’s 2 humorous posts, Rush’s impersonation of Elmer(Fud) Franks and lgm. Course lgm is always good for laugh.
Nydia Velasquez cannot ask an intelligent question. The last time around she started making comments and asking questions that obviously were written for her. The problem was when she got the answers she was lost. But then again, all of the Dems seem to be lost.
According to the script written by Ayn Rand 50 years ago, that will begin happening in 5 … 4 … 3 … 2 …
Sonofdy, Dragging? I think lgm is riding high on that obama express of self-rightous liberalism.
I truly wish that one of the those CEOs would take that flower of Gary Ackerman’s and shove it next to his prostrate. The man is an appalling imbecile. He asks the guy from Citi how much money they got from the first bailout and was told 25 billion. He asks how much they lent out to mortgages this year. He answered about 35 billion. He asked how much they put to mortgages last year. He answered “about the same”. Ackerman then demands to know why, if they had an extra 25 billion, they didn’t put it into more mortgages. These idiots have not changed, they still do not see that they were and are complicit in this debacle. The meltdown was the result of giving anyone who was breathing a mortgage no matter what. If they are now doing due diligence with the mortgages they grant then the number of approved mortgages should be down. The fact that Citi says they are about the same is disappointing. It tells me that they still are not looking close enough. Ackerman’s outrage shows that he still wants the bank to take the 25 billion and search for additional loans to give to people who are completely incapable of paying them off. “We gave you the money, now find some asshats to loan it to”. Congress has moved well beyond stupid and incompetent. This has to be the Twilight Zone.
Thanks-Rush imitates Lady Barney perfectly! I imagine lgm is upset his Queen is being mocked
Congress has always had it’s clowns and drama queens-put a mic in front of them and they go into AutoDrive.
Darn. When I first saw the title of this thread, I thought it was an exposé of lgm. Oh well… next time.
I truly wish that one of the those CEOs would take that flower of Gary Ackerman’s and shove it next to his prostrate. The man is an appalling imbecile. He asks the guy from Citi how much money they got from the first bailout and was told 25 billion. He asks how much they lent out to mortgages this year. He answered about 35 billion. He asked how much they put to mortgages last year. He answered “about the same”. Ackerman then demands to know why, if they had an extra 25 billion, they didn’t put it into more mortgages. These idiots have not changed, they still do not see that they were and are complicit in this debacle. The meltdown was the result of giving anyone who was breathing a mortgage no matter what. If they are now doing due diligence with the mortgages they grant, then the number of approved mortgages should be down. The fact that Citi says they are about the same is disappointing. It tells me that they still are not looking close enough. Ackerman’s outrage shows that he still wants the bank to take the 25 billion and search for additional loans to give to people who are completely incapable of paying them off. “We gave you the money, now find some derelict to loan it to”. Congress has moved well beyond stupid and incompetent. This has to be the Twilight Zone.
You twit.
You’re comparing the current financial mess with the firing of 8 US Attorneys by the Justice Department (remember, Clinton fired all 93 of them the day he took office and no one batted an eye in ’93)?
The US Attorney situation during Bush’s presidency was an imbroglio made up by Democrats and aided by the MSM and is a pimple on a gnat’s a$$ compared with what has been going on since TARP first raised its ugly head.
Or tell us, lgm, how did those 8 US Attorney losing their jobs affect you personnally?
Proportionality, mathman, proportionality. Or were you absent from class the day they taught the concept?
Had to use a {SHUDDER!} Wells-Fargo ATM yesterday {there’s a Chase Bank closer, but I REFUSE to give THEM any money} – W-F seems to think they’re in the big leagues now, charging $3.00/non-customers.
HERE’S a thought – perhaps all the banks that accepted OUR money with no strings would consider eliminating the penalization of non-customers {who were STILL FORCED to “save” them, through our taxes}, by doing away with ATM fees for, I dunno, maybe 5 years? That would at least show a modicum of appreciation for their ‘bailout’ ……………..
Semper Fi’
DM
Does anybody else see the irony of lgm commenting on a thread called The Sanctimony of Morons?
Everybody but lgm. hehehe!
I’ve got a bad feeling about this banking sitation.
That’s what I thought this thread was about when I saw the headline.
I see lgm is still bloating and cramping over firing 9 incompetent attorneys – anyone want to bet if she was wetting her panties in horror when Clinton fired ALL of them?
Those horrible, horrible bankers employ a lot of people and finance the hiring of many more, what is it again liberals have as a goal in their dealings with these captains of commerce they bankrupted?
Who drove private businesses to grovel at their feet?
Surely not controlling the numbers and kinds of people who depend on these employers.
That, would be only just.
They should all be unionized, for their protection and so that the work force is properly
diversestructuredproportionedvote controlled.Its only fair.
Does a party willing to abuse a crashed economy to their political benefit have any compunction against any other diabolical manipulation that assures their permanent agenda?
And how is it the people who created this crisis have integrated their solutions so seamlessly and without hesitation?
Indeed +1
Dear Michelle,
I’m sorry to hear that you…
…but I’d suggest a triple (although I’m thinking more along the lines of one bourbon, one scotch and one beer). There’s a plus side to this, too, as you’ll have a barf bag with you in case you need it.
Signed,
George Thorogood
*out*