So McCain doesn't get it ? Please...

[grahambino]

quote:Originally posted by iplaw

Gee thanks.  How does any of that affect the substance of what I posted?  You answered a completely unasked question.

how about this statement:
You misunderstand what "Last Major Action" means. It simply means it was sent to a committee where it later died. McCain tried to avoid that by co-sponsoring the bill and giving it new life.

McCain's statements come from a May session of the Senate during floor comments. Debate on the bill was still ongoing, even though the bill was being debated in committee. He thought the bill important enough that he co-sponsored it in an effort to get it through committee and passed.

You accused me of "misunderstanding what "Last Major Action" means. It simply means it was sent to a committee where it later died."  

Perhaps, I am not the one that needs education on this issue:

Because it would seem to me, that the committee voted to report it favorably or as this states:

"he committee may vote to approve or "report" the bill favorably (i.e., recommending passage) for further deliberation by the full House or Senate on the floor"

So this was still being debated from July 05 to May 06?  Still being debated in committee even though the committee ordered the bill to be reported favorably in July of 2005?

Despite the Thomas FAQ that states, "Technically, the final vote in committee is to order the bill reported."

[Crash Daily]

quote:Originally posted by Crash Daily

quote:Originally posted by iplaw

Gee thanks.  How does any of that affect the substance of what I posted?  You answered a completely unasked question.

Ya, but look at the brain power! I'm tell'n ya iplaw, I'm underwhelmed with flabbergastment. He's so good he's even capable of answering unasked questions.

[grahambino]

keep up your little ad-hom attacks.  It works.  Really, does.

So, Crash:
I would suggest if John McCain, a career politician knows more about the looming crisis at Fannie & Freddie and the broader state of the mortgage industry more than a person on the front lines of the 'mortgage business' apparently does.

Then, I'd make the suggestion you spend less time "arguing" on an internet forum and more time learning your industry.

[iplaw]

quote:Originally posted by grahambino
You accused me of "misunderstanding what "Last Major Action" means. It simply means it was sent to a committee where it later died."  

Perhaps, I am not the one that needs education on this issue:

Because it would seem to me, that the committee voted to report it favorably or as this states:

"he committee may vote to approve or "report" the bill favorably (i.e., recommending passage) for further deliberation by the full House or Senate on the floor"

So this was still being debated from July 05 to May 06?  Still being debated in committee even though the committee ordered the bill to be reported favorably in July of 2005?

Despite the Thomas FAQ that states, "Technically, the final vote in committee is to order the bill reported."

I'll ask you again, how does any of that address the substance of my post.  Would you care to get the substance of the bill, the legislative history, or anything pertinent or should we discuss committee policy procedures for the rest of the day?

[Conan71]

quote:Originally posted by grahambino

http://thomas.loc.gov/cgi-bin/bdquery/z?d109:SN00190:@@@P

interesting that McCain is a 'co-sponsor' of this bill approximately 10 months after any action taken on it.

He was not an original co-sponsor of this bill.

Why is this relevant or different than all the bills St. Obama has sponsored or co-sponsored?  Obama supporters keep citing all this legislation he has co-sponsored or sponsored in lieu of pointing to any legislation he's actually ever written.

I believe IP's point was that McCain was a supporter of reining in the tomfoolery a couple of years ago.  By adding his co-sponsorship he WAS IN FACT trying to revive the legislation instead of treading new ground.  Looks as if Obama was more interested in securing earmarks for Tinley Park at the time than to help out with banking and lending bills.  

Sure appears Obama's been paid plenty to look the other way by Fannie Mae and Freddie Mac, considering that out of 19 years of contributions tracked since 1989, Obama is #2 on the all-time earner's list right behind the Democrat chairman of the Senate Banking Committee (which also has housing and urban affairs oversight).

[Townsend]

WASHINGTON - Republican John McCain was racing Wednesday to stay abreast of the turmoil in the U.S. economy, saying the   $85 billion government bailout of the world's biggest insurance company — which he vigorously opposed just hours earlier — would protect millions of Americans from further financial hardship.

http://www.msnbc.msn.com/id/26754552/

[Crash Daily]

Honestly, I think that this economy just needs to collapse. No more bail outs, no more stimulous packages. I don't know that there is any way to actually correct the economy, other than to let it correct itself. We're robbing Peter to pay Paul and we gotta pay up at some point or our children will. We made this bed and it's time to sleep in it.

[grahambino]

quote:Originally posted by iplaw

quote:Originally posted by grahambino
You accused me of "misunderstanding what "Last Major Action" means. It simply means it was sent to a committee where it later died."  

Perhaps, I am not the one that needs education on this issue:

Because it would seem to me, that the committee voted to report it favorably or as this states:

"he committee may vote to approve or "report" the bill favorably (i.e., recommending passage) for further deliberation by the full House or Senate on the floor"

So this was still being debated from July 05 to May 06?  Still being debated in committee even though the committee ordered the bill to be reported favorably in July of 2005?

Despite the Thomas FAQ that states, "Technically, the final vote in committee is to order the bill reported."

I'll ask you again, how does any of that address the substance of my post.  Would you care to get the substance of the bill, the legislative history, or anything pertinent or should we discuss committee policy procedures for the rest of the day?

Please don't assume or accuse that I'm 'misunderstanding' or somehow incapable of grasping this when it's apparent you do not either.

Hey and guess what?
I can admit when I'm wrong.
Which coincidentally, would be a perfect time for you to do so. Instead, you just completely ignore what I typed.

Conan:  May I remind you again of the time of this bill's introduction?  In 2005 and 2006...and which party had a narrow majority in the Senate then? (Jan, 05 and May 06, the dates in question).

But, yet this is Obama's fault...

[iplaw]

This has nothing to do with it being Obama's fault or not, even though he took plenty of money from them.  It highlights how McCain was right about Fannie and Freddie long ago and co-sponsored legislation to actually deal with the problem rather than make speeches about it.

You can continue to play in the weeds but I'm not going to follow you in.

[Conan71]

"The mounting crisis, Obama said, is "a stark reminder of the failures of crony capitalism and an economic philosophy that sees any regulation at all as unwise and unnecessary."

Why, pray-tell, is Obama #2 on a list of benefactors from Fannie Mae/Freddie Mac AND A.I.G.?  Did they grease his campaign to have him tighten regs on them?  Did Obama sponsor any legislation for more regulation the last three-plus years to help protect tax payers?

Here's the numbers again- Obama accepted $45,111 from AIG and $126,349 from Fannie & Freddie.

Obama needs to be careful who he's accusing of "crony capitalism", it's got a hollow ring to the tune of $171,000.  

[Crash Daily]

Misdirection is yet another honed and heavily used weapon of the left.

Parry, stick, parry, slash, parry again. Don't let them pull you off target.

[Conan71]

quote:Originally posted by grahambino

quote:Originally posted by iplaw

quote:Originally posted by grahambino
You accused me of "misunderstanding what "Last Major Action" means. It simply means it was sent to a committee where it later died."  

Perhaps, I am not the one that needs education on this issue:

Because it would seem to me, that the committee voted to report it favorably or as this states:

"he committee may vote to approve or "report" the bill favorably (i.e., recommending passage) for further deliberation by the full House or Senate on the floor"

So this was still being debated from July 05 to May 06?  Still being debated in committee even though the committee ordered the bill to be reported favorably in July of 2005?

Despite the Thomas FAQ that states, "Technically, the final vote in committee is to order the bill reported."

I'll ask you again, how does any of that address the substance of my post.  Would you care to get the substance of the bill, the legislative history, or anything pertinent or should we discuss committee policy procedures for the rest of the day?

Please don't assume or accuse that I'm 'misunderstanding' or somehow incapable of grasping this when it's apparent you do not either.

Hey and guess what?
I can admit when I'm wrong.
Which coincidentally, would be a perfect time for you to do so. Instead, you just completely ignore what I typed.

Conan:  May I remind you again of the time of this bill's introduction?  In 2005 and 2006...and which party had a narrow majority in the Senate then? (Jan, 05 and May 06, the dates in question).

But, yet this is Obama's fault...

The original point was that McCain got it.  Obama accused him of "not getting it".  So you lead us on a round-about journey telling us basically nothing new.  All I've seen Obama do is lend his name to and vote on token legislation in preparation for running for President.

Obama dismisses any effort McCain made to head this off, yet did nothing about it himself.  At least McCain can point to some sort of action.

Chris Dodd needs to have his corrupt balls cut off after all this.  Separate post coming.

[grahambino]

quote:Originally posted by Crash Daily

Misdirection is yet another honed and heavily used weapon of the left.

Parry, stick, parry, slash, parry again. Don't let them pull you off target.

yeah, maybe i just need to post some smart-donkey pictures, right?

[Crash Daily]

quote:Originally posted by grahambino

quote:Originally posted by Crash Daily

Misdirection is yet another honed and heavily used weapon of the left.

Parry, stick, parry, slash, parry again. Don't let them pull you off target.

yeah, maybe i just need to post some smart-donkey pictures, right?

Better than your dumb-donkey comments. [8D]

[grahambino]

quote:Originally posted by Conan71

quote:Originally posted by grahambino

quote:Originally posted by iplaw

quote:Originally posted by grahambino
You accused me of "misunderstanding what "Last Major Action" means. It simply means it was sent to a committee where it later died."  

Perhaps, I am not the one that needs education on this issue:

Because it would seem to me, that the committee voted to report it favorably or as this states:

"he committee may vote to approve or "report" the bill favorably (i.e., recommending passage) for further deliberation by the full House or Senate on the floor"

So this was still being debated from July 05 to May 06?  Still being debated in committee even though the committee ordered the bill to be reported favorably in July of 2005?

Despite the Thomas FAQ that states, "Technically, the final vote in committee is to order the bill reported."

I'll ask you again, how does any of that address the substance of my post.  Would you care to get the substance of the bill, the legislative history, or anything pertinent or should we discuss committee policy procedures for the rest of the day?

Please don't assume or accuse that I'm 'misunderstanding' or somehow incapable of grasping this when it's apparent you do not either.

Hey and guess what?
I can admit when I'm wrong.
Which coincidentally, would be a perfect time for you to do so. Instead, you just completely ignore what I typed.

Conan:  May I remind you again of the time of this bill's introduction?  In 2005 and 2006...and which party had a narrow majority in the Senate then? (Jan, 05 and May 06, the dates in question).

But, yet this is Obama's fault...

The original point was that McCain got it.  Obama accused him of "not getting it".  So you lead us on a round-about journey telling us basically nothing new.  All I've seen Obama do is lend his name to and vote on token legislation in preparation for running for President.

Obama dismisses any effort McCain made to head this off, yet did nothing about it himself.  At least McCain can point to some sort of action.

Chris Dodd needs to have his corrupt balls cut off after all this.  Separate post coming.

so, care to explain to me how this is different?
lending his name to 'token legislation' after committee debate has concluded and been recommended to which, the republican leadership of the Senate apparently sat on it & let it die.

so yes, in this 'round-about journey' telling you exactly nothing new and exactly what Iplaw tacitly admitted in his third post, it was merely a political move.