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From now on his name is Fred "S. & L." Thompson

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Botany Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-06-07 06:35 PM
Original message
From now on his name is Fred "S. & L." Thompson
Edited on Thu Sep-06-07 06:39 PM by Botany
Remember the S. & L. crisis in the 1980s? Well the man who made it
all possible was Fred S. & L. Thompson. Because without his tireless
work to get the industry deregualted Neil Bush and Silverado would
never have happened.


<For example, in 1982, on behalf of the Tennessee Savings and Loan League, Thompson
lobbied the U.S. Congress to pass the Garn - St Germain Depository Institutions Act of
1982 which deregulated the Savings and Loan (S&L) industry.<18> This Act was supported
by President Reagan and a large congressional majority, but it turned out to be one of
many contributing factors that led to the savings and loan crisis of the late 1980s.<27>
Thompson received $1600 for communicating with some congressional staffers on this issue.<26>>

http://en.wikipedia.org/wiki/Fred_Thompson

<The Savings and Loan crisis of the 1970s and 1980s was a wave of savings and loan association
failures in the United States in which over 1,000 savings and loan institutions failed in "the
largest and costliest venture in public misfeasance, malfeasance and larceny of all time."<1> The
ultimate cost of the crisis is estimated to have totaled around USD$150 billion, about $125 billion
of which was consequently and directly subsidized by the U.S. government, which contributed to
the large budget deficits of the early 1990s. The concomitant slowdown in the finance industry
and the real estate market may have been a contributing cause of the 1990-1991 economic recession.>

http://en.wikipedia.org/wiki/Savings_and_Loan_crisis
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frogcycle Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-06-07 06:36 PM
Response to Original message
1. that or Frederick of Hollywood
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Botany Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-06-07 06:41 PM
Response to Reply #1
4. snort!
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tularetom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-06-07 06:50 PM
Response to Reply #4
5. Chortle - Nurse diesel
from High Anxiety. I always wondered how she got them things to point straight out like that.
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tularetom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-06-07 06:37 PM
Response to Original message
2. From now on his delta name is "flounder"
because that mouth looks like it should have a hook in it.
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rocktivity Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-06-07 06:38 PM
Response to Original message
3. Oh, yeah--TAR HIM WITH THE BUSH BRUSH!
by promising that his presidency will bring more of the same! CUE THE VONAGE THEME!

:woohoo:
rocknation
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liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-06-07 06:54 PM
Response to Original message
6. They are all tied back to the Nixon regime or Reagan clan
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flpoljunkie Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-06-07 07:22 PM
Response to Original message
7. Looks like Fred's none too happy to be campaigning in Iowa today...perhaps not enough beauty sleep

Republican presidential candidate and former U.S. Senator Fred Thompson speaks during the first campaign stop of his presidential campaign in Des Moines, Iowa, September 6, 2007. (John Gress/Reuters)
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TwilightGardener Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-07-07 01:02 AM
Response to Reply #7
9. Holy God, what a picture.
If I have to look at that godawful mug for four years, I'm going to make my husband put in for an assignment to Europe. Or Iceland. Fucking anywhere else.
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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-06-07 08:45 PM
Response to Original message
8. Oh boy, he is too good to be true!!
Oh, it's like picking the 3rd door, and a boring little box is sitting there...

and then all these goodies start pouring out!!

Oh and I so can't wait for the good church ladies of Iowa to invite his wife to the Sunday afternoon pot luck...

:bounce: :bounce: :bounce:
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