Search results

  1. F

    McCain on Obama?s position on Iraq

    Winex, did you even read the Wiki link? It backs up what I've been saying: Al-Zarqarwi's organization was founded as "al-Tawhid wal-Jihad", not Al Qaeda, and independently of Al Qaeda Even after starting to call it "Al Qaeda in Iraq" he refused multiple offers by Bin Laden to actually...
  2. F

    The Koolaid is Still Strong

    True enough, NoVas; Orange has really been clobbered and I'm not sure why. But even if it's near rental parity he shouldn't be stretching. Stretching your financing a long way to *rent*, effectively, isn't good policy. And of course neighborhoods near rental parity now are likely to overshoot.
  3. F

    The Koolaid is Still Strong

    I was walking into a coffeeshop near my house in Orange and saw one of the baristas loading up his car. This guy remembers my name and even my food preferences even though he sees me maybe twice a month so I said hi and asked what he was up to. He happily announced that he and his committed...
  4. F

    What is the Monetarist solution to asset price deflation?

    Wasn't the question about the Monetarist solution? Monetarist is not Austrian even if they're both cited by conservatives. The monetarist solution is to print money to keep the money supply from dropping, helicoptering it in if necessary. Milton Friendman is actually the source of the...
  5. F

    McCain on Obama?s position on Iraq

    No Vas is, of course, right. Our political disagreements are irrelevant to Iraq policy because Bush has broken both the Army's ability to sustain a major occupation and our country's ability to pay for it. They're coming home soon. I assume this is why after taking about 7 different positions in...
  6. F

    McCain on Obama?s position on Iraq

    The "Iraqi citizens" who have made their peace with the US were, as I said, previously insurgents attempting to kill us and get us out of the country. As the <a >Boston Globe reported</a> <blockquote>Much of the Islamic Army in Iraq, a major Sunni Arab insurgent group that includes former...
  7. F

    McCain on Obama?s position on Iraq

    The US military did things that really helped in Iraq, but the surge wasn't it. The one thing that really helped was that Petraeus stopped attacking the Sunni insurgents, gave them control of the Sunni-majority areas, paid them off and gave them weapons. This is more properly termed...
  8. F

    McCain on Obama?s position on Iraq

    Never mind that the sheik McCain said the surge was protecting was assassinated last year! :-/
  9. F

    Housing Bill Adds Second Lien Amendment

    This is political theater. The banks *can't* accept the deal. Suppose you have an underwater homeowner (otherwise why would the bank need to foreclose?) The bank takes a writedown of 10% of the loan. Well, that's more than any banks' capital ratio, so any bank that accepts a lot of these is...
  10. F

    McCain on Obama?s position on Iraq

    We have spent 4000 lives, over a trillion dollars, our opportunity to fix Afghanistan, and our international reputation propping up an Iranian puppet regime in Iraq (check the history of Dawa and SCIRI!). We can't possibly leave fast enough. Staying in Iraq is like cutting off our nose to spite...
  11. F

    Official IHB Dining Club

    5 PM Sunday sounds good
  12. F

    Official IHB Dining Club

    I'm interested. Either Saturday or Sunday is fine but I'd appreciate notice.
  13. F

    Siyonara Indymac

    Nobody should have a 5M CD with any bank. If you have that kind of money, it should be mostly in brokerage or custodial accounts, invested. Vanguard would be a far better choice than IndyMac.
  14. F

    Siyonara Indymac

    Seeing the business about a police scene at an Indymac branch makes me want to say something, but Eva already said it better:
  15. F

    Least likely bank to fail?

    IndyMac, of course! They're owned by the federal government. *Nobody* is going to shut them down. And if they ever run out of cash, they can print more! Seriously, I'm not kidding. There's no safer place to put your money.
  16. F

    Siyonara Indymac

    The Schumer business shows the regulators were being criminally negligent. The FDIC is estimating a 60-80% recovery for deposits. They had already lost a THIRD of the money deposited with them! It's a total outrage that such a bank was operating - never mind that it was paying above-market...
  17. F

    Siyonara Indymac

    I found it funny and I didn't think it made fun of old people at all. I thought it was making fun of workers at the bank cowering behind locked doors and federal security guards from an 80+ year old man cussing up a blue streak at the crooks who took his money.
Back
Top