Comments on: Early Morning Swim http://firedoglake.com/2009/06/30/early-morning-swim-161/ Firedoglake weblog Sun, 22 Nov 2009 04:07:44 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: Hugh http://firedoglake.com/2009/06/30/early-morning-swim-161/#comment-1926485 Hugh Tue, 30 Jun 2009 16:28:44 +0000 http://firedoglake.com/2009/06/30/early-morning-swim-161/#comment-1926485 <p>From the McClatchy article on the Scalia opinion:</p> <blockquote><p>Spitzer and Cuomo were concerned that white borrowers appeared routinely to be given lower interest rates than blacks and Hispanics. Their hunch was later proved correct, as poor underwriting standards and the explosion of adjustable-rate subprime mortgages — those given to borrowers with the weakest credit, <strong>most often minorities </strong>— combined to create record foreclosures.</p> <p>Losses in mortgage finance morphed into a global credit crisis, bringing down <strong>venerable </strong>investment banks including Bear Stearns and Lehman Brothers and insurer American International Group. The rest is history.</p></blockquote> <p>First, most subprimes and alt-As went to whites. McClatchy is repeating the Republican talking point that somehow minorities are at the root of the financial crisis. And “venerable” is about the least appropriate word I can think of to describe those companies. What a crock.</p> From the McClatchy article on the Scalia opinion:

Spitzer and Cuomo were concerned that white borrowers appeared routinely to be given lower interest rates than blacks and Hispanics. Their hunch was later proved correct, as poor underwriting standards and the explosion of adjustable-rate subprime mortgages — those given to borrowers with the weakest credit, most often minorities — combined to create record foreclosures.

Losses in mortgage finance morphed into a global credit crisis, bringing down venerable investment banks including Bear Stearns and Lehman Brothers and insurer American International Group. The rest is history.

First, most subprimes and alt-As went to whites. McClatchy is repeating the Republican talking point that somehow minorities are at the root of the financial crisis. And “venerable” is about the least appropriate word I can think of to describe those companies. What a crock.

]]> By: cosanostradamus http://firedoglake.com/2009/06/30/early-morning-swim-161/#comment-1926478 cosanostradamus Tue, 30 Jun 2009 14:03:44 +0000 http://firedoglake.com/2009/06/30/early-morning-swim-161/#comment-1926478 <p>.<br /> Pat Boone is a great Ammmmpppfffftttkkkkhah!</p> <p>I’m sorry, let me try that again.</p> <p>Pat Boone is a great Amerikkkkhahahahaha!</p> <p>No, wait, one more time, I can do this.</p> <p>Pat Boone is a great Americanahahahahahaaaaa!</p> <p>OK, I quit.</p> <p>This is doable: <a href="http://blog-me-no-blogs.blogspot.com/2009/06/real-news.html" rel="nofollow">R. Crumb, Global Warming & the California Free Lunch</a><br /> .</p> .
Pat Boone is a great Ammmmpppfffftttkkkkhah!

I’m sorry, let me try that again.

Pat Boone is a great Amerikkkkhahahahaha!

No, wait, one more time, I can do this.

Pat Boone is a great Americanahahahahahaaaaa!

OK, I quit.

This is doable: R. Crumb, Global Warming & the California Free Lunch
.

]]> By: SouthernDragon http://firedoglake.com/2009/06/30/early-morning-swim-161/#comment-1926466 SouthernDragon Tue, 30 Jun 2009 13:21:55 +0000 http://firedoglake.com/2009/06/30/early-morning-swim-161/#comment-1926466 <p>Off to swim in the great capitalist cesspool.</p> <p>Is today the day in MN?</p> <p>Be good to yourselves, and all other living things.</p> <p>Namaste</p> Off to swim in the great capitalist cesspool.

Is today the day in MN?

Be good to yourselves, and all other living things.

Namaste

]]> By: Adie http://firedoglake.com/2009/06/30/early-morning-swim-161/#comment-1926463 Adie Tue, 30 Jun 2009 13:12:53 +0000 http://firedoglake.com/2009/06/30/early-morning-swim-161/#comment-1926463 <p>Sadly, I gotta go leave yas, gang. My honey’s tromping around measuring stuff and acting project-oriented. Dangerous times here. Must stand guard over my treasures. He has a tendency to cut back on clutter with a back-hoe mentality, and I’m a pack-rat. One must protect one’s sanity during times of change. We’re losing the battle….</p> <p>P. E. A. C. E.</p> Sadly, I gotta go leave yas, gang. My honey’s tromping around measuring stuff and acting project-oriented. Dangerous times here. Must stand guard over my treasures. He has a tendency to cut back on clutter with a back-hoe mentality, and I’m a pack-rat. One must protect one’s sanity during times of change. We’re losing the battle….

P. E. A. C. E.

]]> By: Adie http://firedoglake.com/2009/06/30/early-morning-swim-161/#comment-1926461 Adie Tue, 30 Jun 2009 13:07:59 +0000 http://firedoglake.com/2009/06/30/early-morning-swim-161/#comment-1926461 <p>at faux? ya think? i haven’t a clue what they regard as proper news. they’re not exactly on my regular cruisin’ route.</p> at faux? ya think? i haven’t a clue what they regard as proper news. they’re not exactly on my regular cruisin’ route.

]]> By: foothillsmike http://firedoglake.com/2009/06/30/early-morning-swim-161/#comment-1926460 foothillsmike Tue, 30 Jun 2009 13:06:30 +0000 http://firedoglake.com/2009/06/30/early-morning-swim-161/#comment-1926460 <p>The oil patch in ND is booming. They had a hard time finding housing. They had wanted to rent since he only has two years till he can retire but had to buy instead.</p> The oil patch in ND is booming. They had a hard time finding housing. They had wanted to rent since he only has two years till he can retire but had to buy instead.

]]> By: Adie http://firedoglake.com/2009/06/30/early-morning-swim-161/#comment-1926459 Adie Tue, 30 Jun 2009 13:05:45 +0000 http://firedoglake.com/2009/06/30/early-morning-swim-161/#comment-1926459 <p>Ah yes. We dumped a nice buncha sand on our OH clay and planted those too. Gorgeous stuff, and so far it seems to think it’s on a nice beach. I’ve even been able to transplant some small ones - something not advised because they supposedly get cranky if you mess with the tap roots. Posh tish. It’s like dealing with trolls. Deft touch does the trick, sometimes.</p> Ah yes. We dumped a nice buncha sand on our OH clay and planted those too. Gorgeous stuff, and so far it seems to think it’s on a nice beach. I’ve even been able to transplant some small ones – something not advised because they supposedly get cranky if you mess with the tap roots. Posh tish. It’s like dealing with trolls. Deft touch does the trick, sometimes.

]]> By: barbara http://firedoglake.com/2009/06/30/early-morning-swim-161/#comment-1926458 barbara Tue, 30 Jun 2009 13:05:38 +0000 http://firedoglake.com/2009/06/30/early-morning-swim-161/#comment-1926458 <p>Have a great day, pupsters!</p> Have a great day, pupsters!

]]> By: SouthernDragon http://firedoglake.com/2009/06/30/early-morning-swim-161/#comment-1926457 SouthernDragon Tue, 30 Jun 2009 13:04:15 +0000 http://firedoglake.com/2009/06/30/early-morning-swim-161/#comment-1926457 <p>Saw that the other day. You know there was some serious ass chewin’ over that one.</p> Saw that the other day. You know there was some serious ass chewin’ over that one.

]]> By: SouthernDragon http://firedoglake.com/2009/06/30/early-morning-swim-161/#comment-1926456 SouthernDragon Tue, 30 Jun 2009 13:02:51 +0000 http://firedoglake.com/2009/06/30/early-morning-swim-161/#comment-1926456 <p>Does he have all the Rethugs from our legislature in that moving van? If not, why not? I hear ND needs levee workers. *g*</p> Does he have all the Rethugs from our legislature in that moving van? If not, why not? I hear ND needs levee workers. *g*

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