can you believe this... written in march 2007?

[metalman]

before the crash...

the bailouts...

etc... etc... etc...

"Household debt, which ranges from home mortgages to credit cards, now totals about $10 trillion, or roughly 115 percent of personal income. In 1945, debt was about 20 percent of disposable income. For six decades consumer debt and spending have risen faster than income. Debt, as we all know, can't permanently rise faster than income, and given their age, baby boomers must at some point soon begin to repay mortgages and save for retirement, which will mean less consumer spending."

- South Carolina Governor Mark Sanford, 2006

http://www.itulip.com/forums/showthr...r-Then-and-Now

oligarchs made an example out of mark sanford for his attack on the bankers...

On June 24, 2009, Sanford resigned as chairman of the Republican Governors Association, after he publicly revealed that he had engaged in an affair with María Belén Chapur, an Argentine woman.[1] He was later censured over the affair because of misuse of state travel funds.

confront the banksers... reputation ruined... stfu

[Slimprofits]

Re: can you believe this... written in march 2007?

Sanford actually delivered that speech in January 2005. You can read it in it's entirety here, it's pretty damn good.

But I'm not so sure he didn't ruin himself. Maybe there is more to the story than meets the eye, but anytime this happens:

From June 18 until June 24, 2009, the whereabouts of Governor Sanford were unknown to the public, including to his wife and the State Law Enforcement Division, which provides security for him, garnering nationwide news coverage. Lieutenant Governor André Bauer announced that he could not "take lightly that his staff has not had communication with him for more than four days, and that no one, including his own family, knows his whereabouts."[37]

Before his disappearance, Governor Sanford told his staff that he would be hiking on the Appalachian Trail and while he was gone he did not answer 15 cell phone calls from his chief of staff Scott English; he also failed to call his family on Father's Day.[38]

...It's going to garner attention from the media, whether or not the subject warned about alarming levels of consumer debt 4.5 years earlier...

[FrankL]

Re: can you believe this... written in march 2007?

Sanford actually delivered that speech in January 2005. You can read it in it's entirety here, it's pretty damn good.

But I'm not so sure he didn't ruin himself. Maybe there is more to the story than meets the eye, but anytime this happens:

From June 18 until June 24, 2009, the whereabouts of Governor Sanford were unknown to the public, including to his wife and the State Law Enforcement Division, which provides security for him, garnering nationwide news coverage. Lieutenant Governor André Bauer announced that he could not "take lightly that his staff has not had communication with him for more than four days, and that no one, including his own family, knows his whereabouts."[37]

Before his disappearance, Governor Sanford told his staff that he would be hiking on the Appalachian Trail and while he was gone he did not answer 15 cell phone calls from his chief of staff Scott English; he also failed to call his family on Father's Day.[38]

...It's going to garner attention from the media, whether or not the subject warned about alarming levels of consumer debt 4.5 years earlier...

What if the difference doesn't lie in the conduct of the person (in this case Sanford), but in how the media/bullhorn selectively reports on them.

Another example would be the near-complete media silence on Ron Paul, who does not represent the interests of FIRE. One big misstep on his part, and I can guarantee you that the media will be all over him.

[Slimprofits]

Re: can you believe this... written in march 2007?

What if the difference doesn't lie in the conduct of the person (in this case Sanford), but in how the media/bullhorn selectively reports on them.

Another example would be the near-complete media silence on Ron Paul, who does not represent the interests of FIRE. One big misstep on his part, and I can guarantee you that the media will be all over him.

It's entirely possible Frank. My mind is not closed on this.

For Ron Paul, we already know what it is. If he's viewed as a threat, the "Ron Paul racist newsletters" meme will be rolled out into the media again.

[wayiwalk]

Re: can you believe this... written in march 2007?

Don't forget Julian Assange, Elliot Spitzer......