Biting Off More Than He Can Chew?

To add to Mad's comment on Adolfo Carrion:

Carrion earned a MA in urban planning from Hunter College in 1990. He also served on NY City Council, for the city.[W]hen he was sworn in the City Council, he sang the Puerto Rican anthem. AP February 22.

Skip,

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And to continue the story: Paulson decided to make an example of Lehman Bros and let them tank which almost toppled AIG, who we are still pumping money into.

The Republican bogeymen Freddie and Frannie did need some help but seem to have survived pretty well after all.
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Actually, Skip, Fannie and Freddie didn't need any help. It was part 2 of the republican-imposed economic terrorism using scare tactics. Lehman *had* to fail and a takeover of Fannie and Freddie *had* to happen in order for republican Paulson to get the bailout w/o no strings attached.

AIG got the largest chunk of that bailout and paid Paulson's former company, Goldman Sachs 100% on the dollar as a result. Taxpayers aren't getting out "investment" into AIG back at 100% on the dollar. Go figure!

drjohn,

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Sorry- why do these things sometimes disppear and then re-appear?
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Probably because yet another job was given to an H1B that didn't understand Americans or the logic we Americans have that actually make things work on a consistent basis. Happens all the time on ABC.

That's part of the reason AT&T has decided to bring those 5,000 outsourced jobs back home.

Why not get involved in some positive way? Not just wishing for defeat of Obama. Neocon wanted us all to be their serfs. You want to be a serf go on supporting their policies. I'm for a better healthier world. Go Obama--intelligence and compassion what a concept.

"Carrión approved the architect's project.
Carrión would not say how much he paid the architect, if anything. He also refused to provide copies of checks for the work."

How much did the architect pay Carrion would be a better question, no?

NYDaily News:

President Obama's new urban czar renovated his Bronx home with help from the architect on a major development that needed his approval, a Daily News investigation has found.

Adolfo Carrión, who last week left his job as Bronx borough president to be director of the White House Office on Urban Policy, hired the architect to design a renovation of his Victorian two-family on City Island.

Weeks after the architect's work on Carrión's house was complete, Carrión approved the architect's project.

Carrión would not say how much he paid the architect, if anything. He also refused to provide copies of checks for the work.
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This reminds me Of Ted Stevens...who was convicted.

Vetting is difficult and embarrassing and distracting when someone slips through the process.

Shouldn't be too tough for Obama since Pelosi is the real president--she makes all the decisions.

Obama is just around to thrill,deceive, and manipulate. Pretty scary that people can't see who BO really is.

Its so obvious to me that this entire economic melt down was orchestrated by the democrats in an effort to further demonize Bush and ensure a presidential victory for themselves. The cost and affect to America and the American People was and still is of no concern to these liberal dems that will continue to sink American to its lowest depths in order to further their own agenda. Now that they are in control and God is being removed from the very foundation set forth by the founding fathers, America will become the 21st century Sodom & Gomorra and has no place to go but down.

Skip: So most Americans were probably thinking: Were they really that stupid, or were they just lying?
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That definitly occured to me. I wonder the same thing about Barney Frank, Maxine Waters, etc., regarding Freddie and Fannie.

-But the real kicker for most Americans was the fact that the Bush administration, the GOP and the McCain campaign were all assuring us that the economy was fine, it was strong -until Bush got on the TV one day and told us that if we didn't give Paulson tons of cash to bail out the banks we were headed to the next great-depression.

So most Americans were probably thinking: Were they really that stupid, or were they just lying?

-And to continue the story: Paulson decided to make an example of Lehman Bros and let them tank which almost toppled AIG, who we are still pumping money into.

The Republican bogeymen Freddie and Frannie did need some help but seem to have survived pretty well after all.

Skip

Show us how it's Bush's fault.

Show us how he caused the credit crisis.

Any of you. Go ahead. I'll wait.

Good luck.

17 times Bush tried to regulate GSE's, and was rebuffed every single time by Democrats.

Posted by: drjohn | Mar 10, 2009 9:33:33 AM

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what you are saying is a stretch to say the least

but given if what you say are true.

what a weak leader..... aren't you glad he's gone????

Posted by: drjohn | Mar 10, 2009 9:28:43 AM

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maybe not pearl harbor.....

but how about 9-11. If he wasn't out cutting wood on his ranch, maybe he would have gotten a clue when reading the intelligence.

And you continue your stomach churning rant about fannie and freddie.

BE IT KNOWN THAT ALL THIS HAPPENED ON BUSH'S WATCH

any organization would fire a CEO if he oversaw a business with so many problems - we did.

We fired the republican party and their deregulation and their hawkism and their tax breaks for the wealthy

the cards are now on the table.

read'em and weep

Obama's last job was a senator.

He was in the US Senate the last two years.

I may have voted for Obama, but I am not going to make excuses for him. He knew then. He had access to more information than any of us. As I also remember it, we picked up the majority in Congress in '06. So I am not going to give him a pass, he had control over spending.

Frannie and Freddie weren't the first to crash. It was Bear Stearns and Leman Bros who by no coincidence were leveraging to ridiculously dangerous levels since the Republicans turned their backs while the SEC allowed them to.

Skip

Show us how it's Bush's fault.

Show us how he caused the credit crisis.

Any of you. Go ahead. I'll wait.

Good luck.

17 times Bush tried to regulate GSE's, and was rebuffed every single time by Democrats.

Posted by: Skip | Mar 10, 2009 9:21:45 AM

You can blame Bush for the Pearl Harbor too but it doesn't make it true. I could ask you to prove how Bush is responsible for this credit crisis and you woudln't be able to do it.

Then I could show you how Democrats engineered the whole thing. I could show you Barney Frank swearing there was nothing wrong at Fannie. I could show you how Democrats blocked every single effort at GSE reform. I could show you how Andrew Cuomo sued Accubanc for not making enough bad loans. I coudl show you how Clinton pushed Fannie into buying sub-prime mortgages in 1999.

What can you show me other than just having a hissyfit and claiming it's Bush's fault?

Matt, Perhaps it is just that I am at a disadvantage, as I did not see Mr. Tapper's Nightline piece. But I suspect that it is you, rather that Mr. Tapper, who came up with the list of "health care and Gitmo and stem cells." You say these projects are hardly big enough to distract from healing the economy, but you are being disingenuous. That is not the basket of issues that most folks are concerned about being tackled while getting a handle on the economy. It's more like health care, environment (cap-and-trade), education, etc. I have no complaints with President Obama working on a number of issues simultaneously and his policies on gitmo and stem cells, along with other COMPARATIVELY minor matters, is not what raises alarms for me.

But I am sure you realize that overhauling the American health care system is hardly on a par with changing federal guidelines for funding stem cell research. And that's not the only big issue the president is intent on throwing into the mix right away. It is this insistence on tackling a number of major, complex, expensive issues simultaneously before getting a solid foundation under the plans to deal with the recession to which I object. Let's see the plan to deal with toxic assets, let's see the rest of the plan to deal with the mortgage crisis, let's see the rest of the plan to deal with banks and financial institutions. Let's reassure consumers and markets that we have those things under some degree of control before moving to the next big change.

Oh, and I would like to propose that the "you're just like Rush (and/or Hannity and/or Drudge" remarks be retired, as it is in danger of becoming the new "Nazi" of the internet. The old observation was that sooner or later, someone in a political discussion on line is going to draw a comparison to Hitler and/or Nazis to characterize the views of whoever s/he disagrees with. Now, it seems, the inevitable comparison is to talk radio hosts on the right. It's tedious and it's intellectually lazy.

Sorry- why do these things sometimes disppear and then re-appear?

We were asked what we would do differently and I answered it honestly.

I don't understand why it was deleted.

Why was it deleted? It contained no links and no profanity.

What's going on?