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Old 05-23-2006, 06:38 PM   #271
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Originally posted by Bluer White


Eh, the Glass-Steagall laws had been increasingly relaxed for 20+ years in financial services before President Clinton signed the act overturning it. No need to blame a single political party on the accounting shenanigans of a few renegade companies. The Republican Congress and Clinton were both right, Glass-Steagall was outdated.

To me, it was the blurred line between audit/compliance and "consulting" services provided by accounting firms like Arthur Andersen that allowed Enron and WorldCom to cook the books. I absolutely agree with your first point about overzealous investors, large and small alike. When people like you and me quit our jobs to day-trade, that was a disaster waiting to happen.


fair points -- but it was the repeal of Glass-Steagall that opened the floodgates. i think i'd point to the joining of Citibank and Salomon Smith Barney is what gave us WorldCom.
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Old 06-01-2006, 08:30 AM   #272
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Oh those crazy blue staters

by Kathleen Burge, Globe Staff | June 1, 2006

BROOKLINE -- He was irked when Town Meeting members voted against pledging allegiance to the flag more than a decade ago because they found the oath coercive. He was vexed three years ago when they called the USA Patriot Act an assault upon civil liberties. But Tuesday night, as Town Meeting members were poised to vote to seek impeachment of President Bush, Seymour Ziskend and about a score of others walked out in disgust.

``It was once a conservative town," Ziskend said yesterday. ``Now we have people coming in from all over. They get involved in Town Meeting to a point where they want to change the town."

Brookline followed the lead of Cambridge and a handful of communities in Vermont when Town Meeting members voted, 104 to 52, to call on the state's congressional representatives to impeach President Bush. In the final minutes of the fourth night of Town Meeting, on the last of the articles, they supported a resolution declaring that Bush has ``repeatedly violated his oath of office" by purposely misleading the country as he launched the war in Iraq.

The vote is the latest reflection of Bush's declining popularity and of growing unease about the war, in which there have been more than 2,400 US deaths since it started in 2003.

While Brookline doesn't have the same ultraliberal reputation as places such as Cambridge, Bush has drawn less support there than in the state as a whole. In 2000, he won 17 percent of the vote in the town, compared to 32 percent statewide. In 2004, Bush won 19 percent, compared to 37 percent statewide.

The resolution was sponsored by Jonathan J. Margolis, a lawyer who says that if other towns follow suit, they could persuade US Representative Barney Frank of Newton, whose district includes Brookline, to support impeachment. Margolis successfully opposed an effort Tuesday night to change his resolution to seek merely a censure of the president.

But Frank said that even if other towns in his district follow Brookline's example, he would be unlikely to support the president's impeachment. ``I don't think this is something you decide by public opinion," he said.

Frank argues that Congress should focus on changing Bush's policies, for instance, by passing a binding resolution calling for withdrawal of troops from Iraq. There is no chance an impeachment vote would succeed in the Republican-controlled Congress, he said, and the effort would divert too much attention from other issues .

Margolis said he was motivated to draft the resolution and gather the 10 signatures required to get it before Town Meeting by reports late last year of the administration's domestic spying program.

Although he once struggled with the notion of whether the town should address national issues, he eventually decided that such advisory resolutions are appropriate.

``I finally decided that if Congress can express the feelings of Americans on issues around the world, like fighting AIDS or the slaughter in Darfur, or, years ago, the genocide in Bosnia, then why shouldn't Brookline's legislature, which is what Town Meeting is, do this?" he said.

In Coolidge Corner yesterday, most residents interviewed had not heard about the previous night's vote. But many said they supported the effort.

``I think that, more than any other president, [Bush] seems to be completely off the mark from what the country needs," said Jessica Binder, a graduate student who lives in Brookline. Still, she said she was surprised that the issue was debated at Town Meeting. ``It just seems like a personal view," she said.

But Bush supporters said the Town Meeting members had erred. ``Very tacky and very crass," said Stephen Johnstone, a salesman in town. ``He's not Richard Nixon. I think the fellow's done a decent job under the conditions."

And, like Ziskend, some were frustrated that town representatives had spent time weighing in on national affairs.

``I don't believe the Town Meeting has jurisdiction over something that I believe belongs to the House of Representatives," said Robert Sherer, who said he voted for Bush in 2004. ``Anybody can send a message. You don't need a Town Meeting to do that."

Michael Selib, a Town Meeting member, was in the minority that voted against the resolution.

``I feel that resolutions that don't pertain to the government of the town of Brookline and the operation of the town of Brookline really do not belong in the Town Meeting warrant," he said.
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Old 06-06-2006, 04:43 PM   #273
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man, you know you're in deep shit when Katherine Harris (!!!) doesn't want to be associated with you:



[q]Harris: Lack of support because I can't be controlled

Brian Skoloff
The Associated Press
Posted June 5 2006


WEST PALM BEACH -- Katherine Harris thinks she knows why she's been shunned by her party leadership and shirked by big donors, and it has nothing to do with political platforms.

"Perhaps in some elite circles, the reason I have not gotten more support...is because they don't believe I can be controlled," Harris said today during a speech to the nonpartisan Forum Club of the Palm Beaches.

Harris, a two-term congresswoman who as secretary of state gained national notoriety for her role in the 2000 presidential recount that handed the race to George W. Bush, said she would not "kowtow" to the administration or her party.

"I will be beholden to no one but the people, not the party elite, not the press and certainly not even doing what's popular," said Harris, who is seeking the Republican nomination to run against Democratic incumbent Sen. Bill Nelson. "I'm going to be doing what's right.

"I'm not part of that club," she said, referring to what she called "the Beltway boys."

http://www.sun-sentinel.com/news/loc...a-news-florida

[/q]
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Old 06-11-2006, 01:32 PM   #274
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The recent Gallup poll taken between June 1 and June 4 has the Presidents approval numbers bolting from its historical low of 31% in early May up to 36% now. With Zarqawi taken out on June 7, a new gallup poll could show his approval numbers to be at 40% or more.
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Old 06-11-2006, 01:40 PM   #275
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Keep hope alive.
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Old 06-11-2006, 05:36 PM   #276
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Quote:
Originally posted by STING2
The recent Gallup poll taken between June 1 and June 4 has the Presidents approval numbers bolting from its historical low of 31% in early May up to 36% now. With Zarqawi taken out on June 7, a new gallup poll could show his approval numbers to be at 40% or more.
So according to you now the polls matter all of a sudden?

Hysterical!
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Old 06-11-2006, 08:32 PM   #277
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So according to you now the polls matter all of a sudden?

Hysterical!
I've never stated these telephone polls of 1,000 people were relevant. But other people including yourself have, and now those numbers are moving away from the direction that people were celebrating as some type of victory.

The elections are what matters. But its interesting to see what some people saw as some type of victory could quickly dry up.
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Old 06-11-2006, 09:11 PM   #278
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Quote:
Originally posted by STING2
The recent Gallup poll taken between June 1 and June 4 has the Presidents approval numbers bolting from its historical low of 31% in early May up to 36% now. With Zarqawi taken out on June 7, a new gallup poll could show his approval numbers to be at 40% or more.
As if we weren't expecting a bump from that It'll be back down to its record lows in a matter of time
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Old 06-13-2006, 02:22 PM   #279
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Quote:
Originally posted by STING2
The recent Gallup poll taken between June 1 and June 4 has the Presidents approval numbers bolting from its historical low of 31% in early May up to 36% now. With Zarqawi taken out on June 7, a new gallup poll could show his approval numbers to be at 40% or more.
You were almost right. Gallup just took a new poll from June 9-11, after Zarqawi was killed. The President is up two more points to 38%. So, he has gone up 7 percentage points in one month. But, this could be easily reversed. If he keeps rising though, then perhaps he could stay in the 40s without dropping back into the 30s.
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Old 06-13-2006, 02:54 PM   #280
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Approval ratings 40s---wow now THAT'S impressive!
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Old 06-13-2006, 03:10 PM   #281
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a one week bump is far less significant than a continuous, steady drop starting in December 2004 into some of the lowest approval ratings in history, and then staying there for months.

yes, Zarqawi's death is good news, but it's not going to do much to stop the violence.

consider:

[q]Attacks in Iraq kill at least 14
12/06/2006 - 18:47:59



Two separate parked car bombs detonated today in Baghdad’s Sadr City and in western Baghdad to kill at least 10 people and wound 51, police said.

The first explosion occurred in Sadr City, a sprawling Shiite district of the capital and killed four people and wounded 41, said police Lt. Ahmed Qassim.

AP Television News footage taken in the minutes following the blast showed a minivan in flames, bodies on the street and wounded being rushed to hospital in pickup trucks.

http://www.breakingnews.ie/2006/06/12/story263066.html

[/q]



it's the constant stream of blood flowing from all corners of Iraq, and the inability of the Bush administration to appear as if they have even a clue as to what to do about the situation, militarily or, more importantly, politically, that has lead to Bush's abysmal approval ratings (well, that, combined with an inability to govern, the embarassment of the "response" to Katrina, and the overwhelming stench of scandal that surrounds the WH and the GOP in general).

ultimately, it's hard to be too optimistic, despite Zarqawi. due to Rumsfeld, the US simply does not have enough fighting troops in Iraq to impose a purely military solution and we therefore must find a political solution, but that in turn would require the kind of willingness to compromise that the Shiites and the Kurds have so far rejected.
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Old 06-13-2006, 03:24 PM   #282
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I don't know who's scarier, Rumsfeld or Cheney.
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Old 06-13-2006, 03:26 PM   #283
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but he went to Iraq

without holding Dick Cheney's hand


never-mind he had to sneak in

and he did not tell Prime Minister Nuri al-Maliki until 5 minutes before he met with him

also, Prime Minister Nuri al-Maliki probably was not please to be used as a photo op
for this sorry sack of a leader, when he is trying to get some credibility with the Iraqi people
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Old 06-13-2006, 03:27 PM   #284
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Quote:
Originally posted by Irvine511
a one week bump is far less significant than a continuous, steady drop starting in December 2004 into some of the lowest approval ratings in history, and then staying there for months.

yes, Zarqawi's death is good news, but it's not going to do much to stop the violence.

consider:

[q]Attacks in Iraq kill at least 14
12/06/2006 - 18:47:59



Two separate parked car bombs detonated today in Baghdad’s Sadr City and in western Baghdad to kill at least 10 people and wound 51, police said.

The first explosion occurred in Sadr City, a sprawling Shiite district of the capital and killed four people and wounded 41, said police Lt. Ahmed Qassim.

AP Television News footage taken in the minutes following the blast showed a minivan in flames, bodies on the street and wounded being rushed to hospital in pickup trucks.

http://www.breakingnews.ie/2006/06/12/story263066.html

[/q]



it's the constant stream of blood flowing from all corners of Iraq, and the inability of the Bush administration to appear as if they have even a clue as to what to do about the situation, militarily or, more importantly, politically, that has lead to Bush's abysmal approval ratings (well, that, combined with an inability to govern, the embarassment of the "response" to Katrina, and the overwhelming stench of scandal that surrounds the WH and the GOP in general).

ultimately, it's hard to be too optimistic, despite Zarqawi. due to Rumsfeld, the US simply does not have enough fighting troops in Iraq to impose a purely military solution and we therefore must find a political solution, but that in turn would require the kind of willingness to compromise that the Shiites and the Kurds have so far rejected.
Well, if things were really that bad, I don't think there would be any Iraqi government. Seems like they have made a hell of a lot of compromises to get to where they are now. I also think the United States military would have been pushed out of several towns and parts of Iraq and would be thinking about a retreat into Kuwait, not as a matter of choice but one of necessity if things were really so dire.

Sure, people are dying and getting killed everyday, its a war. Most wars last for years, not 6 weeks or 6 days.


In any event, this thread is about Bush's poll numbers, and I agree being down below 40% for four months is more significant than this recent 7 point surge. But what goes down can go back up, and if George Bush is in the low 40s in July and stays there into August or even goes up more, this could rob Democrats of one of their talking points.
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Old 06-13-2006, 03:29 PM   #285
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Quote:
Originally posted by deep
but he went to Iraq

without holding Dick Cheney's hand


never-mind he had to sneak in

and he did not tell Prime Minister Nuri al-Maliki until 5 minutes before he met with him

also, Prime Minister Nuri al-Maliki probably was not please to be used as a photo op
for this sorry sack of a leader, when he is trying to get some credibility with the Iraqi people
Is it customary for the President to announce his arrival, in a war zone, well in advance?
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