Calling Phil Gramm!! Pick Up! Pick Up!!

Discussion in 'Politics' started by Mr. Shaman, Oct 14, 2010.

  1. Mr. Shaman
    Offline

    Mr. Shaman Senior Member

    Joined:
    May 4, 2010
    Messages:
    23,892
    Thanks Received:
    817
    Trophy Points:
    48
    Ratings:
    +819
    [ame]http://www.youtube.com/watch?v=f2iHksmF7m4[/ame]

    $$$$

    Hey....Phil-baby!!

    What was your big-plan, at THIS time??!!! :eusa_eh:

     
    Last edited: Oct 14, 2010
  2. Mr. Shaman
    Offline

    Mr. Shaman Senior Member

    Joined:
    May 4, 2010
    Messages:
    23,892
    Thanks Received:
    817
    Trophy Points:
    48
    Ratings:
    +819
    How typical!!

    He's back to doing Texas-style History-rewrites....and, OTHER such tall-tales!!!

    :eek:

     
  3. LibocalypseNow
    Offline

    LibocalypseNow Senior Member

    Joined:
    Jul 30, 2009
    Messages:
    12,337
    Thanks Received:
    1,356
    Trophy Points:
    48
    Ratings:
    +1,357
    I blame Barney Frank. He was warned on several occasions about the serious problems with Fannie Mae and Freddy Mac. His only response was to viciously attack those who voiced their concerns. His disastrous & ignorant statement that Fannie Mae and Freddy Mac were both 'Fundamentally sound" and critics were exaggerating the problems ranks right up there with Chamberlain's "Peace in our Time" statement after meeting with Hitler. Barney Frank is the man most responsible for our terrible economic collapse in my opinion. How he's not in handcuffs and wearing an orange jumpsuit,i'll never know. He hurt so many good Americans.
     
    • Thank You! Thank You! x 1
  4. 8537
    Offline

    8537 Senior Member

    Joined:
    Aug 23, 2010
    Messages:
    7,754
    Thanks Received:
    729
    Trophy Points:
    48
    Location:
    New England's West Coast
    Ratings:
    +729

    Fannie and Freddie were a symptom of the disaster, another in a long line of failing firms, not a cause. FM and FM didn't create the highly leveraged MBS, they didn't create the synthetic CDO market and they didn't buy the most distressed mortgage packages.

    Blaming Frank for the GSE's is akin to blaming Kramer for the collapse of Bear Stearns.
     
    Last edited: Oct 14, 2010

Share This Page