rec.sport.football.college

Minun olisi pitänyt tietää, olisi pitänyt tietää,
olisi pitänyt tietää KUKA SINÄ OLET, John Rogers:
> A flute without holes, is not a flute,
> ... A donut without a hole is a
> Danish.

>>John Rogers wrote:
>>> A flute without holes, is not a flute, rich hammett
>>> ... A donut without a hole is a Danish.
>>>
>>>>Minun olisi pit?nyt tiet??, olisi pit?nyt tiet??,
>>>>olisi pit?nyt tiet?? KUKA SIN? OLET, Jim Gysin:
>>>>> OrangeDood sent the following on 8/29/2007 7:06 AM:
>>>>>> A man drink like that and he don't eat, he is going to DIE, Tom
>>>>>> Enright !
>>>>>>
>>>>>>>>>> Two words: Halliburton
>>>>>>>>>>
>>>>>>>>>> Hey, this is fun!
>>>>>>>>> Three words: Red Herring.
>>>>>>>> Yes, quite. Sucks when your cheezy tactics are exposed doesn't
>>>>>>>> it.
>>>>>>> C'mon. I didn't bring Edwards into this debate nor did I
>>>>>>> introduce the subject of political hypocrisy.
>>>>>>>
>>>>>>> Edwards' main campaign point has been "the two Americas" and
>>>>>>> while he is posing with Katrina victims a company he has worked
>>>>>>> for and has $16M invested in is evicting citizens of New Orleans
>>>>>>> from their homes.
>>>>>>
>>>>>> No, Tom. I'm not letting you get away with this one. You probably
>>>>>> don't know the whole story, so I'll give you the benefit of the
>>>>>> doubt on that end, because I know you to be an honorable guy.
>>>>>>
>>>>>> Here's the TIME followup on the story you posted:
>>>>>>
>>>>>> /time/politics/article/0,8599,1653938,
>>>>>>
>>>>>> Friday Aug. 17 (Des Moines, Iowa) -- Democratic presidential
>>>>>> candidate John Edwards, who has called homeownership "the
>>>>>> foundation of the American dream," said Friday he will divest his
>>>>>> holdings in funds linked to lenders that have foreclosed on
>>>>>> Hurricane Katrina victims.
>>>>>>
>>>>>> "I will not have my family's money involved in these firms that
>>>>>> are foreclosing on people in New Orleans," he told the Associated
>>>>>> Press.
>>>>>>
>>>>>> Edwards has reported $ million in assets, millions of which
>>>>>> are invested in the hedge fund Fortress Investment Group, a
>>>>>> company that paid him nearly half a million dollars last year for
>>>>>> consulting advice.
>>>>>>
>>>>>> Fortress has investments in lenders that offer subprime mortgages,
>>>>>> higher-priced loans for borrowers considered greater risks. The
>>>>>> Wall Street Journal on Friday identified 34 New Orleans homeowners
>>>>>> who face foreclosure actions from lenders connected to Fortress.
>>>>>>
>>>>>> "My reaction is I'm going to help these people," Edwards said in a
>>>>>> telephone interview. "I just learned about this. I don't know the
>>>>>> details, I will find out and I will find a way to help them."
>>>>>>
>>>>>> Edwards has decried the predatory lending practices that sometimes
>>>>>> accompany subprime mortgage lending, which especially target
>>>>>> minorities and the elderly, and can tie people to home loans that
>>>>>> they can't repay. He has built his campaign on an anti-poverty
>>>>>> message and has toured and worked in the neighborhoods devastated
>>>>>> by the 2005 hurricane. In fact, a three-day poverty tour he
>>>>>> embarked on last month began in New Orleans' hardest hit Lower
>>>>>> Ninth Ward.
>>>>>>
>>>>>> Edwards worked part-time for Fortress Investment Group, getting
>>>>>> paid $479,512. He and his wife also had $ million to $
>>>>>> million invested in Fortress subsidiaries, according to ranges
>>>>>> listed in his personal financial report. And Fortress executives
>>>>>> have donated generously to his presidential campaign -- company
>>>>>> employees have donated more than $150,000 toward his candidacy
>>>>>> during the first six months of the year.
>>>>>>
>>>>>> Asked Friday if his investments damaged his image as a poverty
>>>>>> fighter, Edward's said: "No. Everyone knows I am completely
>>>>>> committed to eliminating poverty in this country. I have the
>>>>>> strongest national predatory lending proposal. These are things I
>>>>>> will pursue."
>>>>>>
>>>>>> Edwards has proposed passing federal laws to prohibit mortgage
>>>>>> abuses and help homeowners at risk of foreclosure or bankruptcy.
>>>>>>
>>>>>> Among its investments, Fortress has for some time owned a stake in
>>>>>> Green Tree Servicing, a company that specializes in managing
>>>>>> higher- priced mortgages for people with tarnished credit or low
>>>>>> incomes who are considered greater risks. As home-mortgage
>>>>>> delinquencies and foreclosures have surged in recent months,
>>>>>> especially for subprime loans, the distress has roiled financial
>>>>>> markets and sparked anxiety that it could spill over into the
>>>>>> broader economy.
>>>>>>
>>>>>> Green Tree and a second subprime lender acquired by Fortress,
>>>>>> Nationstar Mortgage, were the two lenders filing foreclosure suits
>>>>>> in New Orleans, the Journal reported.
>>>>>>
>>>>>> #30#
>>>>>>
>>>>>> I don't know about you Tom, but if you're like us then you've got
>>>>>> investments in the subprime market, too, via 401k index funds and
>>>>>> the like. Edwards has sacked up, admitted he didn't know about it,
>>>>>> and publicly vowed to get it corrected.
>>>>
>>>>> Please. There's a difference between not knowing that your 401 might
>>>>> have investments and actually being a CONSULTANT for the company. And
>>>>> if he truly didn't know what the company was doing, then--in my book, at
>>>>> least--he's not qualified to offer advice for FREE, let alone be paid
>>>>> almost half a million bucks for it.
>>>>
>>>>Was he a consultant on how they should invest their money?
>>>
>>> He got paid 1/2 million bucks to do something.
>>>
>>> Or did he?
>>
>>Who knows? George Bush got paid repeatedly for doing nothing, including
>>being given a free chunk of a baseball team worth millions.

> But it was BAD when George Bush did it.

> Is it still bad?

Was it bad? Or was it just bad that it was the only bullet on his
resume?

rich
--
-to reply, it's hot not warm
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\ Rich Hammett /~rhammett
/ Barry Goldwater: "Every good Christian should line up
\ and kick Jerry Falwell's ass."