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TYRRELL: Recognizing crisis
Washington Times ^ | November 28, 2008 | R. Emmett Tyrrell

Posted on 11/28/2008 4:32:06 AM PST by IbJensen

There is a condign symmetry about this financial crisis. A government-induced crisis is getting a government-insured resolution. The excesses of Freddie Mac and Fannie Mae are being mopped up by huge federal spending made all the more massive by all the reckless endeavors of the politicians, the regulators, and the financiers who frivoled with the intemperance of Freddie and Fannie.

(Excerpt) Read more at washingtontimes.com ...


TOPICS: Constitution/Conservatism; Crime/Corruption; Editorial; Politics/Elections
KEYWORDS: bho2008; remmetttyrrell
...there is no Office of the President-Elect, and Mr. Obama is not even in an office. He is on a stage.

And by the time the curtain falls on this farcical drama that will be the Obama presidency America will be in tatters.

1 posted on 11/28/2008 4:32:06 AM PST by IbJensen
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To: All

2 posted on 11/28/2008 4:34:21 AM PST by IbJensen (The fat lady has sung and it was awful. Coming up: Maya Angelou!)
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To: Kermit the Frog Does theWatusi; IbJensen
"The endeavor was a fantasy that had to end badly and so it has. Yet at a certain level the constituent elements of the Democratic Party are given to fantasy and excess. Consider the most vocal critics of Mr. Summers. They are not bankers or economists. They are feminists, often feminist scientists, who forced him out of the presidency of Harvard for his recognition that women of genius are not as plentiful as men of genius in the sciences and math."

It's the the Oogedy-Boogedy branch of liberalism and Fabian Socialism taking over the White House. It will be all fantasy from here on. A country run by liberal and socialist fantasies.

They'll need the men in the white coats with large butterfly nets before the four years are over. They can be allowed to get thrills up their legs within the walls of a lunatic asylum.

3 posted on 11/28/2008 5:06:52 AM PST by HowlinglyMind-BendingAbsurdity
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To: IbJensen

And Barney Fwank is fascinated with Freddies Fannie.


4 posted on 11/28/2008 5:36:40 AM PST by screaminsunshine (.)
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To: screaminsunshine

Barney is fascinated by many male fannies.


5 posted on 11/28/2008 5:38:18 AM PST by IbJensen (The fat lady has sung and it was awful. Coming up: Maya Angelou!)
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To: IbJensen

Did someone bet the author he couldn’t use “condign” as his thesis statement, did he recently join readers digest word of the month club or is he helping someone pass the SAT’s?

In all of Google land, the word only has 175000 hits and most of those are dictionaries.


6 posted on 11/28/2008 5:46:02 AM PST by Raycpa
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To: Raycpa

We certainly are lucky to have you available to get to the real meat of the story.

Without you, dullards that we are, we might have missed the real significance of the story.


7 posted on 11/28/2008 6:07:19 AM PST by old curmudgeon
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To: IbJensen

When Mr. Frank promised he’d get to the bottom of things, perhaps we ought to have taken him at his word.


8 posted on 11/28/2008 6:11:12 AM PST by andy58-in-nh (Liberty has few friends, many enemies, and no adequate substitute.)
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To: old curmudgeon

Since August, Freeper’s have been saying what the author just said. His opinion is a rehash of most conservatives complaints about federal intervention with one major change; the use of the word condign.


9 posted on 11/28/2008 6:13:25 AM PST by Raycpa
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To: Raycpa
Perhaps it needs to be rubbed in. Some of us are dense.

By the way, my apologies.

Your reply is certainly an admirable display of gentlemanly restraint, considering my smart ass dig.

10 posted on 11/28/2008 6:24:27 AM PST by old curmudgeon
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To: IbJensen

When Larry Summers was Treasury Secretary he was the guy for deregulating derivatives and wouldn’t take any advice from anybody. A bunch of people were jumping up and down saying this would be a nightmare bundling up all these mortgages and selling ‘em to each other.


11 posted on 11/28/2008 6:54:29 AM PST by griswold3
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To: IbJensen

Good to see Tyrell on his game. I agree with his concluding observation, that the Volker appointment will be a measure of how serious Obama is about shoring up the economy. But I see Volker as the canary in the coalmine. If he quietly resigns in six months, it’s time to sell out and hunker down.


12 posted on 11/28/2008 7:39:43 AM PST by hinckley buzzard
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To: Raycpa
Did someone bet the author he couldn’t use “condign” as his thesis statement

One of the pleasures of reading Tyrell is that he routinely uses words you only wish you knew, and he uses them well.

13 posted on 11/28/2008 7:42:58 AM PST by hinckley buzzard
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To: hinckley buzzard
One of the pleasures of reading Tyrell is that he routinely uses words you only wish you knew, and he uses them well.

In that respect he is the conservative closest today to William F. Buckley, Jr.

14 posted on 11/28/2008 7:56:11 AM PST by Lucius Cornelius Sulla (So we beat on, boats against the current, borne back ceaselessly into the past.)
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To: hinckley buzzard

“it’s time to sell out and hunker down.”

I’m not waiting, I’ve decided to avoid the rush and am already hunkering down the family assets as best I can.


15 posted on 11/28/2008 9:32:46 AM PST by FastCoyote (I am intolerant of the intolerable.)
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To: Raycpa

In similar fashion, I wish George Will had never introduced oxymoron to our lexicon.


16 posted on 11/28/2008 1:40:56 PM PST by Jacquerie (The endpoint of socialism is totalitarianism.)
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