VP Debate Thread
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Topic: VP Debate Thread
Posted By: Benjichang
Subject: VP Debate Thread
Date Posted: 02 October 2008 at 7:13pm
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So who's going to watch it? 9 pm. I'm interested to see how it turns out. Probably going to have some friends over for some debatin' and beers. -------------  irc.esper.net #paintball |
Replies:
Posted By: Eville
Date Posted: 02 October 2008 at 7:23pm
| i have to watch it for a class |
Posted By: Skillet42565
Date Posted: 02 October 2008 at 7:25pm
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Its gonna be bad.
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Posted By: Gator Taco
Date Posted: 02 October 2008 at 7:37pm
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I'll be watching while enjoying meatloaf (the food).
------------- http://www.last.fm/user/trailgator01 - last.fm |
Posted By: Roweazie
Date Posted: 02 October 2008 at 8:10pm
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ME!!! It should be interesting to watch. ------------- 
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Posted By: pntbl freak
Date Posted: 02 October 2008 at 8:13pm
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Going to watch that and game 2 for the Chicago Cubs. I was supposed to be at the game but my car decided to not let me go. -------------  |
Posted By: usafpilot07
Date Posted: 02 October 2008 at 9:22pm
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So far, neither of them are sounding great. I get the impression that they are not even there to discuss their platforms. Palin is trying to appeal directly to the common person, though maybe poorly. I get the feeling from Biden that he is just trying to bash Palin. ------------- Buffalo buffalo Buffalo buffalo buffalo buffalo Buffalo buffalo |
Posted By: cdacda13
Date Posted: 02 October 2008 at 9:25pm
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Biden's got jokes son. I thought Palin was doing fine, until she brought up her personal experiences with oil companies. And now she's an expert on energy too. Great. |
Posted By: Zata
Date Posted: 02 October 2008 at 9:25pm
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I'm watching it, although I have no idea what they are talking about really, nor do I plan on voting. Is it just me, or is Palin...kind of good looking? I haven't really paid much attention to her until now. |
Posted By: agentwhale007
Date Posted: 02 October 2008 at 9:26pm
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This is a train wreck for Palin.
Ugh. Her "Well down here in good 'ol mainstream 'Merica" talk makes her look unintelligent. Biden is boring, but is wiping the floor with Palin, catching her in everything. |
Posted By: usafpilot07
Date Posted: 02 October 2008 at 9:35pm
While I agree Palin is making herself look bad, though moreso by her stubborness to discuss each current topic on hand, I don't think Biden is doing that much better. This, in my opinion, has been a very sloppy debate thus far. I want my presidential candidates to make me feel dumb, not vice-versa. ------------- Buffalo buffalo Buffalo buffalo buffalo buffalo Buffalo buffalo |
agentwhale007 wrote:Posted By: reifidom
Date Posted: 02 October 2008 at 9:38pm
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This debate is pretty vague so far, but while I want to like Palin, she is tanking this debate. Thirty minutes in and I'm not sure it's possible for her to salvage it.
I'm happy so far with the moderator. She's totally professional. Edit: Best part so far is that Palin looks hot as hell in black. ------------- 
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Posted By: Captain Falcon
Date Posted: 02 October 2008 at 9:38pm
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Lol dirty coal and clean coal.
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Posted By: agentwhale007
Date Posted: 02 October 2008 at 9:43pm
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"White flag of surrender."
All hope of salvaging herself is gone. |
Posted By: reifidom
Date Posted: 02 October 2008 at 9:46pm
She's taking no opportunity to defend or justify her policies as Biden tears away at them.
Who is Kim Jung El? -------------
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Posted By: oreomann33
Date Posted: 02 October 2008 at 10:20pm
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lol say it aint so joe
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Posted By: Destruction
Date Posted: 02 October 2008 at 10:30pm
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I'm glad we put "maverick" on the list of words to take shots to.
Alaska ALASKA ALASKAAAAA ------------- u dont know what to do ur getting mottor boatted Men are from Magmar, women are from Venusaur. |
Posted By: reifidom
Date Posted: 02 October 2008 at 10:32pm
If "surge" was on that list you'd be in the hospital. -------------
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Posted By: Benjichang
Date Posted: 02 October 2008 at 10:36pm
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Omg. If I hear ALASKA one more time. I thought when Biden "teared up" it was a bit over the top, but yeah...gg, Palin, gg.
------------- irc.esper.net #paintball |
Posted By: agentwhale007
Date Posted: 02 October 2008 at 10:42pm
Granted, he did nearly lose his entire family in a single car accident. His wife and daughter died, his two sons barely made it. |
Posted By: Roweazie
Date Posted: 02 October 2008 at 10:44pm
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Oboma wanted iraq to create their own army, and pull out our troops. hmmm...sounds like this will bite us in the future. Obama wanted to increase tax on higher businesses, sounds like all the job will be outsource. -------------
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Posted By: Captain Falcon
Date Posted: 02 October 2008 at 10:53pm
Anything Obama will bite us in the future. |
Posted By: Gatyr
Date Posted: 02 October 2008 at 11:06pm
Well, history has definitely shown us that the Iraqi army is definitely something to consider. ------------- 
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Posted By: Tolgak
Date Posted: 02 October 2008 at 11:07pm
BTW, Presidents can't touch taxes, they can only suggest to congress what to do. ------------- 
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Posted By: You Wont See Me
Date Posted: 02 October 2008 at 11:11pm
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The VP doesn't do anything, who cares. On the other hand McCain is very old.. ------------- A-5 E-Grip JCS Dual Trigger DOP X-CORE 8 stage x-chamber Lapco Bigshot 14" Beadblasted Optional setup: R/T Dead on Blade trigger |
Posted By: Enos Shenk
Date Posted: 02 October 2008 at 11:12pm
Yeah, Iraqi's shouldnt have their own military in their own country. Thats just crazy talk. ------------- 
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Posted By: mbro
Date Posted: 02 October 2008 at 11:12pm
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I left work early to go to a debate watch "experiment" based on the old nixon-kennedy debate where people differed on who won depending on their medium.
Of course I got stuck in the group that had to listen and not watch. Needless to say every time I heard Palin not pronounce a g at the end of a word I wanted to kill myself. Biden's off the cuff fact checking was pretty impressive. What was the question that he had Palin totally befuddled on? I can't remember, I was too busy laughing at the long pause in the audio. ------------- 
Don't blame me, I voted for Kodos. |
Posted By: Enos Shenk
Date Posted: 02 October 2008 at 11:13pm
And heres a good one for you, since mccain likes to talk about how hes going to give huuuuuge tax breaks -------------
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Posted By: usafpilot07
Date Posted: 02 October 2008 at 11:33pm
------------- Buffalo buffalo Buffalo buffalo buffalo buffalo Buffalo buffalo |
Posted By: Roweazie
Date Posted: 02 October 2008 at 11:44pm
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Posted By: Hysteria
Date Posted: 02 October 2008 at 11:51pm
Hahahaha. Anyway, is there anywhere to watch this online yet? I was at work while it was on. |
Posted By: Bruce Banner
Date Posted: 02 October 2008 at 11:55pm
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You are totally right. I had totally forgotten about how the Afghanis were behind 9/11. ------------- Waste and excess are not conservative family values http://www.nytimes.com/ref/opinion/07opclassic.html - Nature is not a liberal plot http://pickensplan.com - A Good Energy Plan |
Posted By: STOcocker
Date Posted: 02 October 2008 at 11:57pm
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Posted By: Bruce Banner
Date Posted: 03 October 2008 at 12:08am
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On point - I thought both candidates did well, and I was disappointed at the resulting lack of entertainment value. Biden was about as expected, although he kept his foot entirely out of his mouth. Palin was more interesting. Drastic improvement over the Couric interviews, but the central concern remains: she casually and routinely ignored the stated question, and instead returned to her prepared pieces. Normally I wouldn't worry too much about this - politicians all have a habit of doing that during these "debates". But in Palin's case, there is a real concern about whether she even COULD answer the actual questions, and frankly I needed to be convinced. She failed on this front. I kept wondering what happened if the moderator had turned inquisitor and pressed the candidates to actually answer the questions. Even without that, I thought Biden came out ahead overall, but not by a major margin. It was Palin's failure to show us that Couric was a fluke that did her in for me. ------------- Waste and excess are not conservative family values http://www.nytimes.com/ref/opinion/07opclassic.html - Nature is not a liberal plot http://pickensplan.com - A Good Energy Plan |
Posted By: Evil Elvis
Date Posted: 03 October 2008 at 12:19am
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Not Palin's fault that chick asked Lame Questions.
She should had asked... in a Royal Rumble of Deities who would win? Who really has more HD choices Cable or Satalite? Why was there not a Sequel to Stallone's best movie ever, Cobra? ------------- 
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Posted By: Gator Taco
Date Posted: 03 October 2008 at 12:20am
If anyone can find a link to watch the whole thing online or download as a podcast, I'd appreciate it. I only caught bits and pieces of the debate. ------------- http://www.last.fm/user/trailgator01 - last.fm |
Posted By: Roweazie
Date Posted: 03 October 2008 at 12:23am
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Posted By: You Wont See Me
Date Posted: 03 October 2008 at 12:43am
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I'm not even sure what to say to that...
------------- A-5 E-Grip JCS Dual Trigger DOP X-CORE 8 stage x-chamber Lapco Bigshot 14" Beadblasted Optional setup: R/T Dead on Blade trigger |
Posted By: blackdog144
Date Posted: 03 October 2008 at 12:52am
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i thought Palin out did Biden. I cant stand biden or obama for that matter.
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Posted By: Savage93fvss
Date Posted: 03 October 2008 at 1:15am
| I thought it was funny how almost everything they said was completly proved false by the other. So this proves they're both worthless liars. Go figure |
Posted By: High Voltage
Date Posted: 03 October 2008 at 1:15am
No wonder...
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Posted By: agentwhale007
Date Posted: 03 October 2008 at 1:23am
How? Was it the lack of numerical fact that impressed you? Or the ditzy demenior and railed talking points? I bet it was the lack of depth and use of shockterms like Mavrick and Outsider. Nope. It was the "ignorance is cool" swagger that got you. |
Posted By: Gator Taco
Date Posted: 03 October 2008 at 1:24am
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Hope and Change.
------------- http://www.last.fm/user/trailgator01 - last.fm |
Posted By: agentwhale007
Date Posted: 03 October 2008 at 1:37am
Someone on Fark summed it up well: "Biden won, Palin beat the spread." |
Posted By: Glassjaw
Date Posted: 03 October 2008 at 1:45am
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I enjoyed that Palin would refute Biden's claims, trash
talk him, and then discuss a topic different than which she refuted, but would connect it in some manner. But that's just me. ------------- |
Posted By: Mack
Date Posted: 03 October 2008 at 1:51am
Well duh . . . they're politicians. ------------- 
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Posted By: Savage93fvss
Date Posted: 03 October 2008 at 2:23am
| We need a real person in the white house. I am curious to find out how much money these people get from lobbiest and such. You no both Obama and McCain are getting serious cash from corporations and such. |
Posted By: TheDude
Date Posted: 03 October 2008 at 2:47am
Actually, it was more like Biden giving a fact, Palin, correcting him, then him casually letting the moderator and Palin know that her facts and quotes had been taken out of context (which they had been, you can look up any counter point she produced, and it was still wrong out of context) Sarah Palin won a personal victory, a vast improvement over the past couple weeks, but Biden still won the debate, which is what mattered. We aren't judging a candidate on personal growth in the past few days, we're judging them on their policies. ------------- "According to Sue Johanson, theres nothing that can increase your manhood, trust me I've already looked into it for myself." -Zata <keep the sigs friendly, please> |
Posted By: Hysteria
Date Posted: 03 October 2008 at 4:03am
So, is it just me, or did Roweazie fail yet again? Am I the only one the link doesn't work for? If anyone wants a non-fail link, http://www.hulu.com/watch/37531/msnbc-decision-08-palin-and-biden-debate#s-p1-so-i0 - here you go. After watching (drunkenly might I add) almost a half and hour of the debate, is http://www.youtube.com/watch?v=YpJsQch9uZo&feature=related - it http://www.youtube.com/watch?v=xRkWebP2Q0Y - jus t http://www.youtube.com/watch?v=iv6CRObROV0 - me or does she seem very much more educated than before? I guess McCain's people got a hold of her and told her to stop being such an idiot? Ok, so personal update here; 28 minutes in and Palin just COMPLETELY changed the subject here. Really? WTH? Personal update 2 at 29 minutes: She talks about energy independence creating "10s of thousands of jobs". She doesn't dare comment on how much that would cost the consumers. Has she even taken an Econ 101 course? 3) Okay, I guess Biden supports civil unions (in that the gay couple can get visitation rights, insuriance, et cetera) yet not marriage. A nuance that I don't agree with, but based on Palin's answer, I'm not sure she agrees with any of the above. Point: Biden. And with the "Your plan is a white flag of surrender in Iraq"
comment, I'm done with the personal updates. Wow, I'm done with this
slaughter and going to bed. |
Posted By: Reb Cpl
Date Posted: 03 October 2008 at 7:26am
I didn't get to watch it, I was on the road all night.  One of the first things I did when I got home was check to see what you guys had to say about the whole thing- for the sake of an experiment. The impression I got from reading this thread was that Palin came across as a babbling moron and she failed hardcore. Checking out other sources and watching a few news analysis clips, while she didn't wow anyone, or even win, she managed to hold her own, which is really all I expected of her. Some of you have an interesting interpretation of 'failure' ------------- ? |
Posted By: Tolgak
Date Posted: 03 October 2008 at 7:37am
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Posted By: reifidom
Date Posted: 03 October 2008 at 7:56am
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Her failure, in my eyes, was that during the first 45 minutes or so she really only had a couple of answers to fall back on and she avoided addressing the actual questions until later in the debate. I felt that even then she was dodgy.
She was far more American though. Look at the size of her flag pin compared to Biden's. I wish she had been more aggressive in standing up for McCain as Biden picked at him and his policies. She played off her loss for words fairly well with a smile, but she relied far too heavily on a few key words. It started to grate before very long at all. I also felt that Biden could have come across much more strongly, but he was fairly personable and specific, and he kept himself from being too condescending or making slip-ups. Edit: I shouldn't say it, because she's a vice-presidential candidate, but she looked hot as hell in that dress. -------------
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Posted By: Reb Cpl
Date Posted: 03 October 2008 at 8:04am
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Again, I didn't see it for myself, so I can't judge the content, only the analysis of those that DID see it. You guys seem to have given the whole thing a rousing thumbs down, and Palin in particular an F-, while many other sources that I caught last night say that while she wasn't impressive or mind blowing, she was at least competent. I really need to reiterate that I never expected fireworks and party hats after her performance last night, given the somewhat shaky appearances she made prior- but you had to figure that before the 'big one' she'd do a little bit of research and polish up a bit, which I think she did, based on anything I read outside this forum. ------------- ? |
Posted By: reifidom
Date Posted: 03 October 2008 at 8:08am
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I'd give her a C. Average. Not an F by any means, but not better than she needed to be.
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Posted By: Reb Cpl
Date Posted: 03 October 2008 at 8:11am
That's fair enough. I jut read a line from a news report:
I don't think anyone expected much more than that. Those that expected less seem to refuse that even this might be the truth. ------------- ? |
Posted By: mbro
Date Posted: 03 October 2008 at 8:15am
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Don't blame me, I voted for Kodos. |
Posted By: adrenalinejunky
Date Posted: 03 October 2008 at 9:19am
how exactly do you figure that? http://www.taxfoundation.org/news/show/250.html - http://www.taxfoundation.org/news/show/250.html
and from another source http://www.infoplease.com/ipa/A0923085.html - http://www.infoplease.com/ipa/A0923085.html notice how the bars keep getting closer together as the income level goes down? thats because people who make more pay a HIGHER percentage of thier income in taxes. and just one more http://www.moneychimp.com/features/tax_brackets.htm - http://www.moneychimp.com/features/tax_brackets.htm yes rich people are able to excercise more tax deductions, but obviously, as shown by my other links, that does NOT make them pay a lower percentage, they pay a higher percentage... |
Posted By: Roweazie
Date Posted: 03 October 2008 at 9:24am
http://www.cnn.com/2008/POLITICS/10/02/vpdebate.videos/index.html - http://www.cnn.com/2008/POLITICS/10/02/vpdebate.videos/index .html -------------
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Posted By: adrenalinejunky
Date Posted: 03 October 2008 at 9:28am
| http://www.factcheck.org/elections-2008/factchecking_biden-palin_debate.html - http://www.factcheck.org/elections-2008/factchecking_biden-p alin_debate.html |
Posted By: PaiNTbALLfReNzY
Date Posted: 03 October 2008 at 9:55am
| If there was a bikini contest, Palin might have had a shot at winning. |
Posted By: Benjichang
Date Posted: 03 October 2008 at 10:04am
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It seemed that every question Palin was asked was answered by: "I want to go back to X. When I was up in Alaska I did Y. ------------- irc.esper.net #paintball |
Posted By: High Voltage
Date Posted: 03 October 2008 at 10:07am
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I quit watching shortly after she said she was going to "speak directly to the American people," instead of just answering the questions.
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Posted By: Benjichang
Date Posted: 03 October 2008 at 10:16am
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Biden definitely seemed to give more substance, and just sounded more intelligent overall. Palin seemed to give a lot of talking points and really didn't end up saying a whole lot in the end. It sounded rehearsed while Biden seemed way more flexible. She did however, do better than I thought she would, but my expectations were pretty low, admittedly. That said, both sides used a bit more talking points than I would have liked, and I wish the moderator pressed to candidates to answer the questions asked, Palin especially dodged a lot of questions. Biden obviously won the debate in my eyes, but Palin wasn't completely destroyed, and did much better than in the Couric interviews. Maybe that will end up being a plus for her, but I still don't see this debate helping the McCain campaign at all. ------------- irc.esper.net #paintball |
Posted By: Tical3.0
Date Posted: 03 October 2008 at 11:54am
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Canadian Debate > VP Debate. Ahhh, Im just foolin. Canada is going in the dumps after this election. ------------- I ♣ hippies. |
Posted By: reifidom
Date Posted: 03 October 2008 at 11:56am
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A newspaper in Quebec ran a story on Palin's last interview but accidentally put a picture of Tina Fey as Palin alongside the story. Amy Poehler was in the picture too.
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Posted By: Tical3.0
Date Posted: 03 October 2008 at 11:57am
------------- I ♣ hippies. |
Posted By: Bruce Banner
Date Posted: 03 October 2008 at 12:07pm
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Apparently that error originated with a French paper. Pretty funny stuff. ------------- Waste and excess are not conservative family values http://www.nytimes.com/ref/opinion/07opclassic.html - Nature is not a liberal plot http://pickensplan.com - A Good Energy Plan |
Posted By: PaiNTbALLfReNzY
Date Posted: 03 October 2008 at 2:02pm
Canada has a government? |
Posted By: Tical3.0
Date Posted: 03 October 2008 at 2:28pm
------------- I ♣ hippies. |
Posted By: Mack
Date Posted: 03 October 2008 at 2:33pm
Yes, but it's hard to get stuff done when everyone votes "eh?" instead of "aye" or "nay." -------------
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Posted By: carl_the_sniper
Date Posted: 03 October 2008 at 2:35pm
How so? ------------- <just say no to unnecessarily sexualized sigs> |
Posted By: Tical3.0
Date Posted: 03 October 2008 at 2:37pm
This year is going to be the poorest voter turnout in a while. -Edit Lol Mack. ------------- I ♣ hippies. |
Posted By: carl_the_sniper
Date Posted: 03 October 2008 at 3:13pm
Didn't get to, why did it suck? Why will Canada head to the crappers? ------------- <just say no to unnecessarily sexualized sigs> |
Posted By: lilsully4
Date Posted: 03 October 2008 at 3:30pm
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I thought It was good, seeing as I didn't see the wire coming from Biden's limbs. ------------- 
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Posted By: mod98commando
Date Posted: 03 October 2008 at 5:45pm
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I think Palin did a thousand times better than in the interviews but basically, we're screwed either way. I do, however, think we are less screwed with McCain/Palin as they at least seem to care about the country. Maybe it's just me but it seems like Obama/Biden are just career politicians and care only about getting into a good office by saying what people want to hear.
------------- oreomann33: Everybody invades Poland Rofl_Mao: And everyone eats turkey Me: But only if they're hungary Mack: Yeah but hungary people go russian through their food and end up with greece on everyth |
Posted By: Benjichang
Date Posted: 03 October 2008 at 6:00pm
------------- irc.esper.net #paintball |
Posted By: heliumman77
Date Posted: 03 October 2008 at 6:54pm
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Posted By: Gatyr
Date Posted: 03 October 2008 at 8:43pm
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Posted By: Reb Cpl
Date Posted: 03 October 2008 at 9:19pm
That's really the impression I get too sometimes from the O/B campaign. ------------- ? |
Posted By: Captain Falcon
Date Posted: 03 October 2008 at 11:50pm
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Lulz A Rick Roll. |
Posted By: oldsoldier
Date Posted: 04 October 2008 at 9:47am
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We can use the same case as used with the Obama McCain debate. Palin did well, and stood up well to the seasoned polititian, hense she won.
She did very well with only 5 weeks of expierience in the shark pool of Washington politics and in the media feeding frenzie for info-tainment value. She is learning fast. My observation was Biden focused too much on Bush and the past, trying to tie the McCain campaign to Bush. Very differant personalities and policies for that comparison to hold too much water. Palin kept trying to look foward and was yes, addressing the comman American, something many in Washington forget still exsist in the DC world of special intrests and major campaign funders. I call it a minor Palin win, based on the fact she did well, contrary to the media's predictions (as well as those here)of a total failure. Biden is a political dinosaur, keeping the past alive, where Palin is a DC outsider and a fresh face something even the Democrats state is needed in DC. Fresh Faces and fresh ideas. "I am woman, hear me roar, unless that roar is one I do not want to hear." Democrat diversity at its best. |
Posted By: Skillet42565
Date Posted: 04 October 2008 at 9:49am
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I like my fresh faces intelligent and without crazy ideas like completely anti-birth control.
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Posted By: High Voltage
Date Posted: 04 October 2008 at 9:55am
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I like my fresh faces to answer the question they are being asked during a debate.
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Posted By: oldsoldier
Date Posted: 04 October 2008 at 10:11am
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Has been my debate strategy in debates, take control and push your points. Throws your opponant off his game and opens debate to more debate. Watch the debate again, and listen closely, she addressed many of the questions and shifted focus, a standard debate tactic when you come in as the underdog.
Sitting in my college debates in class where the proffesor already has the "correct" response preprogrammed into the question, I use the change focus tactic often to throw the pre-practiced responses of my opponant off. And the Democratic candidates have some pretty "crazy" ideas too. Depends on your perception of "crazy". |
Posted By: Captain Falcon
Date Posted: 04 October 2008 at 10:56am
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Posted By: rednekk98
Date Posted: 04 October 2008 at 11:11am
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I'm glad I wasn't reading posts on here during the debate, it might have screwed up my perception of it. I don't think it was nearly as one-sided as you guys made it out to be. There were a few times I groaned when Palin was talking and was convinced she was about to put her foot in her mouth in a huge way, but she managed to avoid making any real mistakes and pulled her foot out before she choked. Both candidates did a good job of avoiding questions they didn't want to answer, Biden was less blatant about it. He's certainly a better speaker and came off looking more competant over all. I do think Palin managed to hold her own overall, if Biden beat her, it wasn't a route. I checked fact check the next day and it seems that most of Biden's strong points turned out to be BS, but he did sell it well he night before. Considering the the prevailing wisdom is that a tie was a win for Obama in the last debate, this one should go to Palin. Skillet: I don't beleive Palin is anti-birth control, by her littler of children she may be in her own home but she's on the record supporting the practice. I had thought she was up until I researched what she'd actually said about the subject. As for crazy ideas, Biden's talk of allowing people to renegotiate the principal on their mortgage disturbs me. I can see renegotiating the interest rate, but renegotiating the principal is just nuts in my book. I hope you'll be allowed to do that if you have a car loan for an SUV since prices have dropped so much lately. |
Posted By: Mack
Date Posted: 04 October 2008 at 2:17pm
I don't recall hearing about that (research is called for). It is, if true, the pinnacle of responsibility avoidance. Imagine if it applied everywhere. Joe Shopper: "I was stupid and paid to much for this with my credit card. Now that I've gotten the benefit of whatever it was, I can't afford to pay back the loan (essentially what a credit card payment is) that allowed me to get it. The government needs to make the credit card company renegotiate the principal and take a loss just because I'm a moron." -------------
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Posted By: Skillet42565
Date Posted: 04 October 2008 at 2:18pm
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I hate people. Survival of the fittest.
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Posted By: Mack
Date Posted: 04 October 2008 at 2:21pm
QFT -------------
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Posted By: rednekk98
Date Posted: 04 October 2008 at 7:07pm
http://elections.nytimes.com/2008/president/debates/transcripts/vice-presidential-debate.html - Transcript |
Posted By: usafpilot07
Date Posted: 04 October 2008 at 7:43pm
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Renegotiating principals will put us right back into another bank crisis.
------------- Buffalo buffalo Buffalo buffalo buffalo buffalo Buffalo buffalo |
Posted By: Mack
Date Posted: 04 October 2008 at 8:51pm
QFT It also has the potential to decrease available credit as banks will fear the possibility that loan principals will be readjusted and limit credit only to those who essentially don't need it because they are in a position financially that guarantees payback. -------------
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Posted By: Gatyr
Date Posted: 04 October 2008 at 9:18pm
And yet we scowl at the fittest for putting "questionable" business practices in play because it is wrong, and force them to cut up their companies into smaller businesses. Survival of the fittest, so long as they don't get too far ahead of everyone else, even though its okay when they get proportionately far behind us. Also, people think Palin won because she did better than terrible, and personal best is grounds for winning a debate? -------------
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Posted By: CarbineKid
Date Posted: 04 October 2008 at 11:22pm
I may vote for Obama now. The value of my house has dropped like a rock...yet my taxes keep going up  Anyhow if I could now pay what my house is worth now...I'de be a happy socialist.  http://www.youtube.com/watch?v=bHnd9Lst4hs&feature=related - Hail the messiah
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Posted By: Bruce Banner
Date Posted: 05 October 2008 at 3:50pm
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I don't know about personal bankruptcies, but changing the principal on debts is a standard feature of any corporate bankruptcy, and has been for as long as I know. In fact, isn't that pretty much the whole point of bankruptcy? ------------- Waste and excess are not conservative family values http://www.nytimes.com/ref/opinion/07opclassic.html - Nature is not a liberal plot http://pickensplan.com - A Good Energy Plan |