Posted on 09/30/2011 6:52:50 AM PDT by dangus
Then I sincerely wish you’d clarify which board Gramm was appointed to (BoD or BoA), and whether this was a paid position.
Ping!
How would Ken Lay...or Enron, benefit from this legislation?
Thanks for a more reasonable reply than I earned. :^)
Another feature of Lamar Smith’s bill currently being considered in Congress to bring E-Verify to all 50 states is a mandate for “no-match” letters, a program which was suspended by Obama’s executive order. These no-match letters would send letters to each employer and address of a user of a given social-security number, informing them that that the social security number is being used in multiple locations. This would alert anyone whose ID has been stolen, and prevent multiple people from using the same SSN to dodge E-Verify.
Misleading because that is Romney's figure for 4 years at the University of Texas...IF an illegal immigrant could meet the academic requirements to get into UT and had the money to pay instate tuition...which would be rare.
Ironically, as liberal as UT is the illegals likely would be among the more conservative kids on campus.
About 25 years ago the student body pres was a Black lesbian.
Sorry if I misread. I got the distinct impression the author believed a falsehood I find to be very widely held.
That somehow our gains during the boom were real, and could have been sustained if the government, or the banks, or the evil greedy (insert villains of your choice) hadn’t screwed things up.
Very few people appear willing to recognize that the money we “made” on real estate during the boom wasn’t real. This is the nature of booms - their gains are illusory (unless you are wise or lucky enough to sell at the right time), and when it collapses you’re likely to wind up lower than if the boom hadn’t happened.
IOW, we haven’t “lost” nearly as much as it appears. A great deal of what was lost never really existed. It was an illusion.
Excellent analysis. I was not aware of the Bush Executive Order. That was criminally negligent to issue that order. His compassionate conservatism proved to be as much of a disaster as outright socialism. I realize Clinton started this madness, but Bush did not have to continue it.
Clue me.
Thanks, but to be clear: the original Executive Order (13166) was issued by Clinton; I was faulting Bush for zealously implementing it, far beyond what Clinton could implement before he left office.
Thanks.
The article’s not entirely clear (because it’s not its focus), but it looks like there may be yet something ELSE Gramm did to screw over America in this whole process. I’d like to know more about this “energy swap:” Enron invented carbon credit trading. Did Wendy Gramm first issue a waiver from environmental regulations based on trading swaps?
Ever notice how corrupt, Southern politicians always are portrayed as having quite the long drawl? I always thought his was anti-red-state bias by the media, but there may be something to it.
The long drawl is partly the result of a parasite which formerly infected Deep Southerners. They’d remain intelligent, but their speech faculties were damaged. So whereas Northerners were known for taking a lot of words for saying not much, Southerners were forced to take the time to carefully consider their words. (I’ve never seen the original study; I learned it from a college-level immunology instructor who had studied at Tulane, so I’ve believed it, but can’t swear to it.)
But the point is that this problem with parasitic infections has long, long been eradicated. The drawl has been perpetuated simply because it’s how people expect Southern gentleman to talk. In other words, it’s almost always a deliberate affectation, a put-on.
Slick Willie didn’t use the drawl. He was aiming to come across as a good-ole-boy who pulled himself up by his bootstraps, so affected more of a hick accent.
bfl
I’ll clue you in, based on what I merely presumed was his point..
The banking bill which caused the CDO banking crisis was Gramm’s deal. I basically argued that Gramm had failed to consider its consequences. Why did he commit such a greivious failure?
Ken Lay didn’t necessarily benefit from *this* banking bill, but establishing that Gramm pulled strings for one corporate crony makes it easy to imagine that his interests in the banking bill was also corporate cronyism. It establishes a pattern.
OK. Good points.
I’m all for a regulation that can basically stipulate that only permanent legal residents and citizens can borrow money to purchase real estate through conventional means (private financing notwithstanding).
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