Could Baja Arizona be 51st state in US?

[fightingquaker13]

Two points Tom. You will note that I did reject calls for lossening the boarder. Try reading the post.
Second, the cause of the great Depprression, the S@L Crisis and our current mess boils down to undercapitalized banks and insurance companies. They made tons of loans that left them unable to eat the losses when things went south since they didn't have adquate capital on hand. It was worse in the currrent crisis because they sold "mortgage securities" as A rated since they were "insured" by companies like AIG that didn't have capital on hand to pay claiments. Banks that weren't really banks insured by insurance companies that weren't really insurance companies. It was fraud on the investor. That is not capitalism, its a ponzi scheme. What the hell is leftist about wanting full disclosure to investors? Capitalism cannot function in an environment that lacks disclosure and protection against fraud.You're in the wrong here Tom.
FQ13

[JC5123]

That is not capitalism, its a ponzi scheme.
FQ13

No Sh!t! Which is why people like Chris Dodd, and Barney Frank need to be brought up on the same charges as Bernie Madoff. These are the people who propped up Fannie/Freddie and created the rules that forced banks to make loans to people that had no hope of ever repaying. No credit report, no proof of a job, no source of income listed. Do you really believe that banks and insurance companies made these loans because they thought it was smart?

I know you are going to come back at me with the fact that they were selling all these toxic loans to Fannie and Freddie, but what the hell would you do? Government regulation forces you to make loans to people that you know cannot repay, I would dump that sucker as soon as I could too.

It was government meddling at an attempt at social engineering that caused the housing bubble. Not greedy banks. And don't try to tell me that it was Bush's fault because of his speech saying that he felt every American deserved a home. He tried several times to stop congress from this ponzy scheme, however the DEMOCRAT controlled congress shut him down.

[tombogan03884]

http://www.youtube.com/watch?v=LPSDnGMzIdo


http://www.youtube.com/watch?v=2UZ9l_AxKjA&feature=related

At the time he was making these statements he was living with the head of one of these organizations.

The reason the loans were "toxic" was because the dem congress ( IE the ones charged with regulation of that industry, lead by Maxine Waters and Barney Frank [see above]  )  ruled that verifying the income of borrowers, (seeing if they would get their money back ) was a racist ploy.
You still do not grasp the basic reality, Government is not the answer, it is the problem.

[CJS3]

http://www.youtube.com/watch?v=LPSDnGMzIdo


http://www.youtube.com/watch?v=2UZ9l_AxKjA&feature=related

At the time he was making these statements he was living with the head of one of these organizations.

The reason the loans were "toxic" was because the dem congress ( IE the ones charged with regulation of that industry, lead by Maxine Waters and Barney Frank [see above]  )  ruled that verifying the income of borrowers, (seeing if they would get their money back ) was a racist ploy.
You still do not grasp the basic reality, Government is not the answer, it is ALWAYS the problem.

Fixed it for ya!

[mkm]

If we could get a conservative Californian state to balance the other one, that may not be such a bad thing.  But, do we really want another liberal state "Baja AZ" that gets to send Senators and Congressmen to DC?

[Sponsor]

[FSBARAK]

We ain't all libtards and demonrats down here.
I've never heard of a N/S division of Az mentioned before. I believe the lefties would be surprised if such a thing went through.
I grew up in SoCal and heard about dividing N/S Ca. way back in grade school.





Btw, the motivational poster thread needs to be revived.

[billt]

This ranks right up there with the "New Mazatlan" they always keep bitching about, that they think they have some kind of claim to. Haven't any of them heard of the Gadsden Purchase? If you want to keep your land, then don't SELL it!   Bill T.