Liberal Forum

The scandal is that Obama's IRS and other agencies singled out conservative groups to bully, intimidate, audit and silence. We're right back where we started from. Name ONE Conservative group that was singled out for an 'AUDIT' by the IRS. Not a private manufacturing firm, or an individual businessman, but a Conservative group. You know, the kind that has 'Tea Party' or 'Patriots' in their name.

We're right back where we started from. Name ONE Conservative group that was singled out for an 'AUDIT' by the IRS. Not a private manufacturing firm, or an individual businessman, but a Conservative group. You know, the kind that has 'Tea Party' or 'Patriots' in their name. it says so right on the bulletin board where he finds all his required posting for the day. Do you really believe that he knows more than his propaganda boss tells him?

The Last Mystery of the Financial CrisisIt's long been suspected that ratings agencies like Moody's and Standard & Poor's helped trigger the meltdown. A new trove of embarrassing documents shows how they did it.by Matt TaibbiWhat about the ratings agencies?That's what "they" always say about the financial crisis and the teeming rat's nest of corruption it left behind. Everybody else got plenty of blame: the greed-fattened banks, the sleeping regulators, the unscrupulous mortgage hucksters like spray-tanned Countrywide ex-CEO Angelo Mozilo.But what about the ratings agencies? Isn't it true that almost none of the fraud that's swallowed Wall Street in the past decade could have taken place without companies like Moody's and Standard & Poor's rubber-stamping it? Aren't they guilty, too?Man, are they ever. And a lot more than even the least generous of us suspected.Everything Is Rigged: The Biggest Price-Fixing Scandal EverThanks to a mountain of evidence gathered for a pair of major lawsuits by the San Diego-based law firm Robbins Geller Rudman & Dowd, documents that for the most part have never been seen by the general public, we now know that the nation's two top ratings companies, Moody's and S&P, have for many years been shameless tools for the banks, willing to give just about anything a high rating in exchange for cash.In incriminating e-mail after incriminating e-mail, executives and analysts from these companies are caught admitting their entire business model is crooked."Lord help our **** scam . . . this has to be the stupidest place I have worked at," writes one Standard & Poor's executive. "As you know, I had difficulties explaining 'HOW' we got to those numbers since there is no science behind it," confesses a high-ranking S&P analyst. "If we are just going to make it up in order to rate deals, then quants (quantitative analysts) are of precious little value," complains another senior S&P man. "Let's hope we are all wealthy and retired by the time this house of cards falters," ruminates one more.Ratings agencies are the glue that ostensibly holds the entire financial industry together. These gigantic companies also known as Nationally Recognized Statistical Rating Organizations, or NRSROs have teams of examiners who analyze companies, cities, towns, countries, mortgage borrowers, anybody or anything that takes on debt or creates an investment vehicle.Their primary function is to help define what's safe to buy, and what isn't. A triple-A rating is to the financial world what the USDA seal of approval is to a meat-eater, or virginity is to a Catholic. It's supposed to be sacrosanct, inviolable: According to Moody's own reports, AAA investments "should survive the equivalent of the U.S. Great Depression."The Scam Wall Street Learned From the MafiaIt's not a stretch to say the whole financial industry revolves around the compass point of the absolutely safe AAA rating. But the financial crisis happened because AAA ratings stopped being something that had to be earned and turned into something that could be paid for.That this happened is even more amazing because these companies naturally have powerful leverage over their clients, as they are part of a quasi-protected industry that enjoys massive de facto state subsidies. Largely that's because government agencies like the Securities and Exchange Commission often force private companies to fulfill regulatory requirements by retaining or keeping in reserve certain fixed quantities of assets bonds, securities, whatever that have been rated highly by a "Nationally Recognized" ratings agency, like the "Big Three" of Moody's, S&P and Fitch. So while they're not quite part of the official regulatory infrastructure, they might as well be.It's not like the iniquity of the ratings agencies had gone completely unnoticed before. The Financial Crisis Inquiry Commission published a case study in 2011 of Moody's in particular and discovered that between 2000 and 2007, the agency gave nearly 45,000 mortgage-backed securities AAA ratings. One year Moody's doled out AAA ratings to 30 mortgage-backed securities every day, 83 percent of which were ultimately downgraded. "This crisis could not have happened without the rating agencies," the commission concluded.Thanks to these documents, we now know how that happened. And showing as they do the back-and-forth between the country's top ratings agencies and one of America's biggest investment banks (Morgan Stanley) in advance of two major subprime deals, they also lay out in detail the evolution of the industrywide fraud that led to implosion of the world economy how banks, hedge funds, mortgage lenders and ratings agencies, working at an extraordinary level of cooperation, teamed up to disguise and then sell near-worthless loans as AAA securities. It's the black box in the American financial airplane.Read the rest at the link in the title.This scam led to implosion of the world economy, and no one went to jail for this.

We're right back where we started from. True, and you'll stonewall any mountain of evidence I cite, like you did for Clinton and still do. Name ONE Conservative group that was singled out for an 'AUDIT' by the IRS. Not a private manufacturing firm, or an individual businessman, but a Conservative group. You know, the kind that has 'Tea Party' or 'Patriots' in their name. Why would I bother for you? You won't even read it, like you never did in the threads I started about this. Or the threads I started about Clinton's felonies, impeachable acts, corrupt and rape. You're a troll. All you do regarding issues like this is stonewall and lie. Here's an integrity question; a test to see if you decide to suddenly show a little integrity. What was in the boxes and boxes and boxes of EVIDENCE that Schippers et al collected for months? We both know you won't answer honestly.

This scam led to implosion of the world economy, and no one went to jail for this. Rolling Stone? Wow, what a great source on Economics that is. Can't buy me love! Anyone who hires William Greider to write about it, for example, isn't even worth reading, other than for comedy. Yet you reject all the excellent business/ investment/ Economics sources I cite. Can't make idiocy like that up.

This scam led to implosion of the world economy, and no one went to jail for this. Obama controls the Justice Dept. Why didn't he indict any of the corrupt Democrat Operatives at Fannie Mae? Is this American that the following is accepted? In October 2008, top Ohio Democrats targeted real plumber Joe Wurzelbacher after he challenged then-presidential candidate Barack Obama’s “spread the wealth” radicalism. Helen Jones-Kelley, then director of the Ohio Department of Job and Family Services, ordered underlings to scour government databases for dirt. In addition to pawing through his child-support papers, her agency also checked Wurzelbacher in its computer systems to determine whether he was receiving welfare assistance or owed unemployment-compensation taxes. Jones-Kelley was not just a high-level state official. She was also an Obama campaign donor who volunteered to arrange an event for Michelle Obama and provided the campaign with nearly 20 names of potential donors ahead of a Dayton campaign stop. Three years after resigning, she found herself back on the taxpayer dole with another government job. Corruptocrats protect their own..... Also in 2008, Obama’s allies at a Soros-tied outfit named Accountable America sent out “warning” letters to 10,000 top GOP givers “hoping to create a chilling effect that will dry up contributions.” Witch-hunt leader Tom Matzzie, formerly of Soros-funded MoveOn.org, promised “legal trouble, public exposure and watchdog groups digging through their lives.” Matzzie also advertised a $100,000 bounty for dirt on conservative political groups “to create a sense of scandal around the groups” and to dissuade donors from giving money. The effort was supported by Judd Legum, founder of Think Progress, which is run by former Clinton scandal manager turned Obama confidante John Podesta’s Center for American Progress. During the 2010 midterms, the Obama bully brigade waged a similar campaign against the U.S. Chamber of Commerce and its donors as payback for the organization’s ads opposing the federal health-care takeover. During the 2012 election season, Obama campaign manager Jim Messina declared war on free-market philanthropists Charles and David Koch and private donors to their nonprofit activist group Americans for Prosperity. http://www.nationalr...dumpster-divers

Misty: Name ONE Conservative group that was singled out for an 'AUDIT' by the IRS.Not a private manufacturing firm, or an individual businessman, but a Conservative group.You know, the kind that has 'Tea Party' or 'Patriots' in their name.Why would I bother for you? You won't even read it, like you never did in the threads I started about this.You won't, because you can't.Or the threads I started about Clinton's felonies, impeachable acts, corrupt and rape.Hey Look, A Squirrel!!!Here's an integrity question; a test to see if you decide to suddenly show a little integrity.You have no right to question anyone else's integrity, since you yourself have none.

You have no right to question anyone else's integrity, since you yourself have none. I love psychotic moonbat humor.

I love psychotic moonbat humor. Then you must amuse yourself quite often.

I love psychotic moonbat humor. Then you must amuse yourself quite often.Let's enjoy a little of yours.Why do Republicans love to shoot protesters (Nixon-Kent State)?If we love it so much, why haven't we done so again for 45 years?Are we bad shots, troll?Or are you just a lying smear artist?

Texas Lawmaker Calls Wendy Davis A Terrorist For Blocking Anti-Abortion BillLate last night, a Republican lawmaker compared Texas state Sen. Wendy Davis {D} and the crowd of her supporters to terrorists. Davis gained national attention and admirers overnight for launching an epic 13-hour filibuster that successfully blocked a restrictive abortion bill from becoming law. Once Republicans failed to pass SB 5, an omnibus bill to ban abortion after 20 weeks and shut down most of the states abortion clinics, Rep. Bill Zedler {R} tweeted:In addition to voting for the 20 week abortion ban in the Texas House, Zedler's record includes requiring women to undergo an ultrasound and report their education history before being able to have an abortion.Meanwhile, Lt. Gov David Dewhurst described the crowd that cheered Davis on as "an unruly mob, using Occupy Wall Street tactics" that "disrupted the Senate from protecting unborn babies." For the record, this is what the protests in the capitol building looked like:It's obvious that Republicans hate democracy. They call it terrorism.Wendy Davis had every right to filibuster that bill.And she had the courage to stand and speak for 11 hours.She didn't filibuster by just quietly objecting, like the cowards in the U.S. Senate do.

Let's enjoy a little of yours.Why do Republicans love to shoot protesters (Nixon-Kent State)?If we love it so much, why haven't we done so again for 45 years?Why did you do it at all?And why did you leave out the second sentence in my post?Why do Republicans love to shoot protesters (Nixon-Kent State)?Last time I looked, this was still America, and we had a right to peaceful protest.So why did protesters get shot?You Republicans hate protest, when our side does it, and you also hate democracy (see my last post).If filibuster equals terrorism, then your party is positively rife with terrorists.

Why do Republicans love to shoot protesters (Nixon-Kent State)? If we love it so much, why haven't we done so again for 45 years? Why did you do it at all? Republicans didn't do it at all. It was confusion among a young National Guard unit. But you're a dishonest smear artist, so facts never get in your way. And why did you leave out the second sentence in my post? Because it has nothing to do with Republicans. You Republicans hate protest, when our side does it, and you also hate democracy (see my last post). Yes, yes, you're a shameless liar. We all know that. If filibuster equals terrorism, then your party is positively rife with terrorists. If idiocy equals terrorism, you're a menace to the country.

Republicans didn't do it at all. It was confusion among a young National Guard unit. Now that is one of the biggest lies you ever told. yeah....Nixon was shocked and couldn't sleep all nite when he heard the news. .

Republicans didn't do it at all. It was confusion among a young National Guard unit. Now that is one of the biggest lies you ever told. That's really hilarious coming from a troll like you with zero integrity. Is there a single person on the board with a little common sense who takes your word on ANYTHING?

That's really hilarious coming from a troll like you with zero integrity. Is there a single person on the board with a little common sense who takes your word on ANYTHING? Only those who know history and don't distort it like you. Nixon was misunderstood in the Kent St. massacres ! You really can't make this sh-it up. I had a friend, Allison Krause, who I got to know from a mutual friend who went to Kent State. Shewas in the Prentice Hall parking lot; she was 330 feet from the Guardsmen and was shot in the left side of her body in cold blood. So take your pack of lies and stick them up your fat *** until your colon explodes.

That's really hilarious coming from a troll like you with zero integrity. Is there a single person on the board with a little common sense who takes your word on ANYTHING? Only those who know history and don't distort it like you. Nixon was misunderstood in the Kent St. massacres ! You really can't make this sh-it up. I had a friend, Allison Krause, who I got to know from a mutual friend who went to Kent State. Shewas in the Prentice Hall parking lot; she was 330 feet from the Guardsmen and was shot in the left side of her body in cold blood. So take your pack of lies and stick them up your fat *** until your colon explodes. What the f*** does that have to do with Nixon and Republicans, pyscho? Because that's the false accusation little Miss Marxist and you made. Take your endless lies and psychotic rants and shove them up your ***, [excrement]head.

What the f*** does that have to do with Nixon and Republicans, pyscho? What do the Kent St massacres have to do with republicans and Nixon? ( Glory Hole forgets why the students were protesting) Bring this question up in any high school class in america and laughter will ensue.

What the f*** does that have to do with Nixon and Republicans, pyscho? What do the Kent St massacres have to do with republicans and Nixon? ( Glory Hole forgets why the students were protesting) Bring this question up in any high school class in america and laughter will ensue. Oh look, the troll evaded as usual. I'm asking you, liar. You and little Miss Marxist lied that Repubs "like to shoot demonstrators." Why are Republicans directly responsible for a screwup by National Guard troops? And if Repubs really like to shoot demonstrators, why hasn't there been a single case since then; 40 years? Go ahead, tell your lies.

What do the Kent St massacres have to do with republicans and Nixon? ( Glory Hole forgets why the students were protesting) Bring this question up in any high school class in america and laughter will ensue. Where did the troll go? I'm asking you, liar. You and little Miss Marxist lied that Repubs "like to shoot demonstrators." Why are Republicans directly responsible for a screwup by National Guard troops? And if Repubs really like to shoot demonstrators, why hasn't there been a single case since then; 40 years?