Ferrari Mailing List: Re: NFC: Here comes BO's 10 % US National Sales tax

[cavallino_rapante (cavallino_rapante]

Careful, Mike....many of our Neo-Con members think Bush was Jesus and could do 
no wrong.  To question anything happening (or not happening when it should 
have) in the past eight years amounts to Religious Heresy and National 
Treason.  Even Rush says so, therefore it must be true.  Senator Phil Gramm's 
contribution to the situation has already been forgotten.
 
Don't feed the bear.  History will tell the real tale.
 
M


--- On Wed, 5/27/09, Mike Fleischer <themightytoe [at] gmail.com> wrote:


From: Mike Fleischer <themightytoe [at] gmail.com>
Subject: Re: [Ferrari] NFC: Here comes BO's 10 % US National Sales tax
To: "Michael" <Cavallino_Rapante [at] yahoo.com>
Cc: "The FerrariList" <ferrari [at] ferrarilist.com>
Date: Wednesday, May 27, 2009, 5:07 PM


Well

If memory serves the housing bubble really took off after the internet 
bubble burst. 

http://en.wikipedia.org/wiki/United_States_housing_bubble

Since the tech bubble popped in 2000...  I think the housing bubble 
really took off from there.  Peaked in 2005 or 2006.

The lending practices that were so suspicious could have been regulated 
better at any point in time, but really came into play with all the real 
estate speculation that happened from I'd want to say around 2002 
onwards.  So yes bad laws initially, and questionable ethics on behalf 
of lenders and appraisers also.  But to say the last administration was 
faultless?  Really? 

The only question I have is what is the next boom?  It seems economic 
conditions are still deteriorating and the last times the world economy 
sank so badly the boom was from German bombs and artillery...  When and 
if that comes to pass again, I think none of us will be driving the 
Ferrari on the weekend.

Mike


Brian E. Buxton wrote:
> Clinton was in for 8 years as well.  A lot of the people who shouldn't 
> have had home loans already had them for a while.  Was Bush supposed 
> to evict them?
>
> Brian
>
>
>
> Mike Fleischer wrote:
>> So your saying if I buy a Ferrari and it needs a new waterpump, and I 
>> do nothing about it for eight years and the motor blows up...  Its 
>> not remotely my fault?
>>
>> I am starting to see the problem here...
>>
>> Brian E. Buxton wrote:
>>> All of this mess started with the housing market, which was a result 
>>> of legislation pushed through by Clinton.  Bush just happened to be 
>>> in office when it all fell apart.
>>>
>>> B
>>>
>>>
>>> Rick wrote:
>>>
>>>  
>>>> From: "Lee Lingo" <leescars [at] comcast.net>
>>>>
>>>> Subject: RE: [Ferrari] NFC: Here comes BO's 10 % US National Sales tax
>>>>
>>>>
>>>> Rick,
>>>>
>>>> Oh, please.  Your posts are nothing more than you finding articles 
>>>> that support your complaints.  Big deal.  Your candidate lost.  Get 
>>>> over it.
>>>>
>>>> My candidate in the two previous elections won and look at the 
>>>> state we're in now.
>>>>
>>>> And besides, you're comment about BO using the situation to push 
>>>> through his agenda is not news.  If I'm not mistaken, Bush did the 
>>>> same thing with the Patriot Act which many feels is the 
>>>> single-most  destructive piece of legislation ever in regards to 
>>>> eliminating the civil liberties this country was founded on.
>>>>
>>>> Stay on topic.  Please.
>>>>
>>>> Lee
>>>> =====================================================================================
>>>>  
>>>>
>>>>
>>>> Yeah that explains why BO is keeping almost all  of Bush's patriot 
>>>> Act legislation. Here are articles listing all those  " 
>>>> destructive" Bush policies that BO has suddenly decided are actualy 
>>>> quite good to have, so we can have another 8 years free  from  
>>>> terrorist  attacks in the US . Renditions, FISA Wiretaps, Gitmo 
>>>> detainees, etc.
>>>> Read at your own peril.
>>>>
>>>>
>>>> Is Obama embracing Bush-Cheney terrorism policies?
>>>>
>>>> http://latimesblogs.latimes.com/washington/2009/05/---johanna-neumanclick-here-for-automatic-twitter-alerts-on-every-ticket-item-or-follow-us-latimestot.html
>>>>  
>>>>
>>>>
>>>> Obama Administration Maintains Bush Legal Argument for Terrorist 
>>>> Surveillance Secrecy
>>>>
>>>> http://www.foxnews.com/politics/first100days/2009/04/13/obama-administration-upholds-terrorist-surveillance-secrecy-rules/
>>>>  
>>>>
>>>>
>>>> Wednesday Feb. 18, 2009 05:59 EST
>>>> Charlie Savage on Obama's embrace of Bush/Cheney "terrorism policies
>>>> http://www.salon.com/src/pass/sitepass/spon/sitepass_website.html
>>>>
>>>> Obama vindicating Bush on anti-terror policies
>>>>
>>>> http://www.kansascity.com/273/story/1215525.html
>>>>
>>>>
>>>>
>>>> Obama in Bush Clothing
>>>>
>>>> By Charles Krauthammer
>>>>
>>>> http://www.JewishWorldReview.com | "We were able to hold it off with
>>>> George Bush. The idea that we might find ourselves fighting with the
>>>> Obama administration over these powers is really stunning."
>>>>         - Unnamed and dismayed human rights advocate, on legalizing
>>>> indefinite detention of alleged terrorists, the New York Times, May
>>>> 21
>>>>
>>>>
>>>> If hypocrisy is the homage that vice pays to virtue, then the flip-
>>>> flops on previously denounced anti-terror measures are the homage that
>>>> Barack Obama pays to George Bush. Within 125 days, Obama has adopted
>>>> with only minor modifications huge swaths of the entire, allegedly
>>>> lawless Bush program.
>>>>
>>>>
>>>> The latest flip-flop is the restoration of military tribunals. During
>>>> the 2008 campaign, Obama denounced them repeatedly, calling them an
>>>> "enormous failure." Obama suspended them upon his swearing-in. Now
>>>> they're back.
>>>>
>>>>
>>>> Of course, Obama will never admit in word what he's doing in deed. As
>>>> in his rhetorically brilliant national-security speech yesterday
>>>> claiming to have undone Bush's moral travesties, the military
>>>> commissions flip-flop is accompanied by the usual Obama three-step:
>>>> (a) excoriate the Bush policy, (b) ostentatiously unveil cosmetic
>>>> changes, (c) adopt the Bush policy.
>>>>
>>>>
>>>> Cosmetic changes such as Obama's declaration that "we will give
>>>> detainees greater latitude in selecting their own counsel." Laughable.
>>>> High-toned liberal law firms are climbing over each other for the
>>>> frisson of representing these miscreants in court.
>>>>
>>>>
>>>> What about disallowing evidence received under coercive interrogation?
>>>> Hardly new, notes former prosecutor Andrew McCarthy. Under the
>>>> existing rules, military judges have that authority, and they
>>>> exercised it under the Bush administration to dismiss charges against
>>>> al-Qaeda operative Mohammed al-Qahtani on precisely those grounds.
>>>>
>>>>
>>>> On Guantanamo, it's Obama's fellow Democrats who have suddenly
>>>> discovered the wisdom of Bush's choice. In open rebellion against
>>>> Obama's pledge to shut it down, the Senate voted 90 to 6 to reject
>>>> appropriating a single penny until the president explains where he
>>>> intends to put the inmates. Sen. James Webb, the de facto Democratic
>>>> authority on national defense, wants the closing to be put on hold.
>>>> And on Tuesday, Democratic Senate Majority Leader Harry Reid said, no
>>>> Gitmo inmates on American soil - not even in American jails.
>>>>
>>>>
>>>> That doesn't leave a lot of places. The home countries won't take
>>>> them. Europe is recalcitrant. Saint Helena needs refurbishing. Elba
>>>> didn't work out too well the first time. And Devil's Island is now a
>>>> tourist destination. Gitmo is starting to look good again.
>>>>
>>>>
>>>> Observers of all political stripes are stunned by how much of the Bush
>>>> national security agenda is being adopted by this new Democratic
>>>> government. JWR contributor Victor Davis Hanson offers a partial list:
>>>> "The Patriot Act, wiretaps, e-mail intercepts, military tribunals,
>>>> Predator drone attacks, Iraq (i.e., slowing the withdrawal),
>>>> Afghanistan (i.e., the surge) - and now Guantanamo."
>>>>
>>>>
>>>> Jack Goldsmith (The New Republic) adds: rendition - turning over
>>>> terrorists seized abroad to foreign countries; state secrets -
>>>> claiming them in court to quash legal proceedings on rendition and
>>>> other erstwhile barbarisms; and the denial of habeas corpus - to
>>>> detainees in Afghanistan's Bagram prison, indistinguishable logically
>>>> and morally from Guantanamo.
>>>>
>>>>
>>>> What does it all mean? Democratic hypocrisy and demagoguery? Sure, but
>>>> in Washington, opportunism and cynicism are hardly news.
>>>>
>>>>
>>>> There is something much larger at play - an undeniable, irresistible
>>>> national interest that, in the end, beyond the cheap politics, asserts
>>>> itself. The urgencies and necessities of the actual post-9/11 world,
>>>> as opposed to the fanciful world of the opposition politician, present
>>>> a rather narrow range of acceptable alternatives.
>>>>
>>>>
>>>> Among them: reviving the tradition of military tribunals, used
>>>> historically by George Washington, Andrew Jackson, Winfield Scott,
>>>> Abraham Lincoln, Arthur MacArthur and Franklin Roosevelt. And
>>>> inventing Guantanamo - accessible, secure, offshore and nicely
>>>> symbolic (the tradition of island exile for those outside the pale of
>>>> civilization is a venerable one) - a quite brilliant choice for the
>>>> placement of terrorists, some of whom, the Bush administration
>>>> immediately understood, would have to be detained without trial in a
>>>> war that could be endless.
>>>>
>>>>
>>>> The genius of democracy is that the rotation of power forces the
>>>> opposition to come to its senses when it takes over. When the new
>>>> guys, brought to power by popular will, then adopt the policies of the
>>>> old guys, a national consensus is forged and a new legitimacy
>>>> established.
>>>>
>>>>
>>>> That's happening before our eyes. The Bush policies in the war on
>>>> terror won't have to await vindication by historians. Obama is doing
>>>> it day by day. His denials mean nothing. Look at his deeds.
>>>>
>>>>
>>>> _________________________________________________________________
>>>> To unsubscribe or modify your subscription options, please visit:
>>>> http://lists.ferrarilist.com/mailman/options/ferrari/brianbuxton%40buxtonmotorsports.com
>>>>  
>>>>
>>>>
>>>> Sponsored by BooyahMedia.com and F1 Headlines
>>>> http://www.F1Headlines.com/
>>>>
>>>>  
>>>>
>>>>     
>>>
>>>   
>>
>>
>
> -- 
>
> Brian E. Buxton, President
>
>  
>
> Buxton Motorsports, Inc. <http://www.buxtonmotorsports.com>
>
> 301 North Royal Ave.
>
> Buxton Plaza
>
> Evansville, IN 47715-2866
>
> (812) 476-2281 x 209 office
>
> (812) 760-5513 mobile
>
>  
>
> Member ThaList.com <http://www.ThaList.com>
>
>  
>
> President, Brian Buxton Enterprises, Inc. 
> <http://www.buxtonmotorsports.com/storage-transportation.php>
>
> Nationwide Enclosed Auto Transportation
>
>  
>
> Founder & Past President
>
> SO. IN Region PCA
>

_________________________________________________________________
To unsubscribe or modify your subscription options, please visit:
http://lists.ferrarilist.com/mailman/options/ferrari/cavallino_rapante%40yahoo.com

Sponsored by BooyahMedia.com 
and F1 Headlines
http://www.F1Headlines.com/