Thursday February 16, 2012

yabits's past comments

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    yabits

    If the USSR had been run by capable leaders they would be speaking Soviet now.

    LOL!! Is "Soviet" a language? Not even in the USSR did everyone come close to speaking the same language. C'mon man... Armenian, Azerbaijani, Ukrainian, Uzbek, Turkmen, Moldavian, Georgian, Lithuanian.... and on and on.

    Posted in: Obama draws battle lines to reshape U.S. society

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    yabits

    ....increase handouts to "welfare mammas" and minorities

    Careful there, Tatanka, your sheet is showing.

    Posted in: Obama draws battle lines to reshape U.S. society

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    yabits

    ...where the state decides everything for you.

    Oh yeah? And who decides things for people under laissez-faire capitalism? The son gets the business because the dad runs it, no matter how incompetent Junior is. The daughter gets into Harvard because the dad went there.

    If, by the state, it means "we the people," then it just might produce better outcomes than grossly imperfect individuals. After all, none of us is as good as all of us.

    Posted in: Obama draws battle lines to reshape U.S. society

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    yabits

    In about a year people are going to wake up and say "we don't want to live in Sweden"...

    The quality of life of Sweden with the moderate climate found in most of the United States? Sounds like heaven on earth.

    Posted in: Obama draws battle lines to reshape U.S. society

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    yabits

    I think she did a great job in the 2004 film, Shimotsuma Monogatari. (Released in English as "Kamikaze Girls.")

    I wish her continued success.

    Posted in: Anna Tsuchiya introduces documentary on orphanage for Japanese-American children

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    yabits

    It's been what, exactly 3 months? Isn't that a wee bit too early to marry someone you JUST met?

    That wise old American, Benjamin Franklin (aka Poor Richard), put it best: "Marry in haste; repent at leisure."

    Posted in: 'Marriage-hunting' is latest buzzword

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    yabits

    And what is "the target"?

    Radical, extremist Islam. Something that Iraq under Saddam Hussein most certainly was not.

    Posted in: Taliban has 10,000 to 15,000 fighters

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    yabits

    The 1977 Community Reinvestment Act was the root of the bubble, but it was the 1999 Gramm-Leach-Bliley Act that made it grown. It not only repealed portions of Glass-Steagall but it effectively required that banks make loans to individuals that would not be able to qualify for a regular mortgage (in accordance with CRA).

    Anyone recall the political party affiliations of Gramm, Leach, and Bliley? All Republicans, right? The bill itself is a perfect example of the fruits of the Republican deregulatory philosophy.

    Of course, the writer of the above fails to mention the arcane financial instruments created out of the questionable mortgages in order to attempt to leverage quicker and greater returns from them. Some of the best and brightest mathematicians worked to create those instruments, which have properly been likened to fianancial weapons of mass destruction.

    Posted in: Obama challenges lobbyists to legislative duel

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    yabits

    Some analysts say Obama’s proposals are almost radical.

    I call that "change I can believe in."

    Posted in: Obama challenges lobbyists to legislative duel

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    yabits

    Never before have I read such prose dedicated to someone who pitched two innings of exhibition baseball.

    Posted in: Uehara dazzling in 'joyful' debut with Orioles

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    yabits

    Notice Obama still just can't quite bring himself to utter the word 'victory'...

    And that is because "victory", like "mission accomplished" is something that can only be called as such after sufficient time has passed.

    Posted in: Obama announces U.S. combat in Iraq to end by Aug 31, 2010

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    yabits

    He stated that the regulations were gutted. He stated people bought houses they couldn't afford. He stated lenders lent money to people they shouldn't have. He didn't blame your dear leader.

    But we truly understand how folks like Aggie get all defensive over that list of facts.

    It's like one of those police artists at a sketchpad: "Gutted regulations, uh huh...putting off critical debates, right...blind in both beady eyes to the dangers of deficit spending...Got it." She turns the sketchpad around and, dayum, if it's not an exact likeness of...

    Posted in: Obama promises to lead U.S. from dire 'day of reckoning'

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    yabits

    He and his wife were beneficiaries of affirmative action programs.

    If so, they stand as examples of why such programs have greatly benefitted America. Where can we get more leaders and ethical, intelligent people like Barack and Michelle Obama?

    Posted in: Obama promises to lead U.S. from dire 'day of reckoning'

  • 0

    yabits

    I've lost about half the value of my lifes savings.....Half, and I shouldn't grip or complain?

    It provides no comfort, but the basic reality is that whatever you thought the peak value of your investments were... was something only on paper. Unless, that is you were able to transfer out of stocks to T-Bills or cash-based instruments in a timely fashion.

    The great lesson here is the enormous folly of replacing a program like Social Security with private investment programs that have to be managed by fallible human beings. A rush to the windows to cash out, will cause an even greater panic by those whose future incomes are completely tied into a market they have no control over, without the basic floor that Social Security provides.

    Posted in: Obama pledges to halve U.S. budget deficit in 4 years

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    yabits

    One of my favorite parts of the speech, and one that should have special resonance for this forum came very early in it:

    Now, if we’re honest with ourselves, we’ll admit that for too long, we have not always met these responsibilities – as a government or as a people. I say this not to lay blame or look backwards, but because it is only by understanding how we arrived at this moment that we’ll be able to lift ourselves out of this predicament.

    I contend that the act of coming to understand how we arrived at this moment must, by necessity, involve looking back and retracing the steps that orginated with failed policies and, more seriously, a failed philosophy. The massive push to deregulate everything, combined with a belief that tax cuts -- even in a time of war -- will pay for themselves (aka: Supply-Side "voodoo"), combined with the hubris that everything that America does is both great and right because we are who we are ("So, please, buy our debt."), have proven to be counter-productive.

    It was refreshing NOT to hear things along the lines that "the free market will save education and health care." The belief that such a thing exists as a free market has been put in its coffin by those who claimed to have loved it most. But, like Dracula, it waits ready to rise again to claim a new generation of suckers. Unless, that is, enough honest people can be found to bear witness and continually counter the claims of the liars and revisionists. Ironically, the conditions that will best approximate the ideals of a free market -- especially freedom of information and transparency -- will be brought about by the ones who are accused of being "socialists."

    Posted in: Obama promises to lead U.S. from dire 'day of reckoning'

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    yabits

    While it may be true Bush presided over the out of control government spending the past eight years, Bush never had the power of a line item veto to cut out wasteful spending in any budget submitted to him by congress.

    Funny, how Bush and Republicans who ran Congress didn't ask for a line item veto. Maybe because it would have meant that Bush would have been vetoing Republican earmarks, and no Republican, Bush included, wanted that. Plenty of American people are seeing right through this form of Republican excuse-making and mendacity.

    Posted in: Obama promises to lead U.S. from dire 'day of reckoning'

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    yabits

    If I voted for Gore, then Kerry would I then qualify for a bailout now?

    If you voted for Gore, then Gore again, you would not need a bailout.

    As Truman said, "If you expect to live like a Republican, you'd better learn to vote like a Democrat."

    Posted in: Obama pledges to halve U.S. budget deficit in 4 years

  • 0

    yabits

    People are waiting to hear the speech in real time now.... I can understand how writers can get an advance copy, but posting it before the live speech should be discouraged.

    Posted in: Obama promises to lead U.S. from dire 'day of reckoning'

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    yabits

    when i was watching a US baseball game in Osaka, the game was going great and fun to watch. Then the Japanese pitcher changed in the 8th, and that was it for the broadcast!?

    I can definitely relate. I attended a game where the Yankees were playing in Oakland a few years back, and a Japanese by the name of Erabu was the Yankees' starting pitcher. The media section had a ton of Japanese cameramen and such. As soon as Erabu was taken out in the fifth inning of a game that was in close contention and really top notch, that section immediately emptied out. It was embarrassing to witness.

    Sadly, a story like this one, given sufficient exposure and publicity, would likely have the Japanese reflect and change some of their behavior -- all the while resenting the perceived pressure placed on them by outside forces.

    Posted in: Some teed off by Japanese media swarming over Ishikawa

  • 0

    yabits

    GJDailleult at 04:44 PM JST - 24th February: Actually, we're just wondering why you only started to worry about holding your government accountable about five weeks ago.

    Blaming Bush is nothing but shorthand for pinning down the real problem: The millions of stupid Americans who believed that putting a non-achiever and lifelong alcohol abuser into the White House was a good thing. Bush is gone, but their stupidity lingers on.

    And, yes, it is sheer stupidity to tolerate and even endorse the degrading conditions over eight long years and then try to pin blame and otherwise heap disparagement on a guy who has barely been in office for five weeks!

    Posted in: Obama pledges to halve U.S. budget deficit in 4 years

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