name the person most responsible for the economy 's issues

Discussion in 'Economy' started by blu, Feb 24, 2011.

  1. blu
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    blu Senior Member

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    I will start...

    ben bernanke
     
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  2. Tank
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    Tank Gold Member

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    Mr and Mrs Dem O Crat
     
  3. Agit8r
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    Agit8r Gold Member

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    Rupert Murdoch
     
  4. percysunshine
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    percysunshine Gold Member

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    The economy, or the issues about the economy?

    If it were the later, I would pick Paul Krugman.

    The former...well...it was a team effort....
     
  5. Gunny
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    Gunny Gold Member

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    There is no one person, nor even one administration to blame. As far as escalating it beyond anyone in OUR lifetime being to pay it off, that rests solely on Obama's shoulders.
     
  6. KissMy
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    KissMy Free Breast Exam

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    Order of responsibility for this crisis:
    1 - Bill Clinton - signed nearly every part of this into law.
    2 - Democrats in congress, Barney Frank & Chris Dodd
    3 - Congressional Black Caucus
    4 - Republicans in congress
    5 - Alan Greenspan / Ben Bernanke
    6 - Frank Raines of Fannie Mae
    7 - Phil Gramm - derivatives & swaps
    8 - Chris Cox - Lax SEC regulation
    9 - Hank Paulson - US Treasury
    10- Sandy Weill of Citigroup
    11- ACORN
    12- Jimmy Carter - started the CRA
    13- George Bush - did not push hard enough to stop this.
    14- Marion and Herb Sandler invent Wells Fargo option ARM
    15- Kathleen Corbet S&P AAA ratings
    16- Lew Ranieri coined MBS securitization
    17- Barack Obama - CBC, ACORN, Against GSE regulation, pushed CRA.
    18- Joe Cassano of AIG
    19- Realestate Appraisers
    20- Angelo Mozilo of Countrywide
    21- Dick Fuld of Lehman
    22- Jimmy Cayne of Bear Stearns
    23- Stan O'Neal of Merrill Lynch
    24- Homebuilders & Ian McCarthy
    25- National Association of Realtors - David Lereah
    26- US Home Buyers & Consumer loans
    27- Bernie Madoff ponzi scheme
    29- Hedge funds & John Devaney
    29- Fred Goodwin of Royal Bank of Scotland
    30- Carleton Sheets no money down infomercial
    31- HGTV & Burton Jablin
    32- Easy credit from foreign govs China & Iceland
     
    Last edited: Feb 25, 2011
  7. uscitizen
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    uscitizen Senior Member

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    God.
     
  8. percysunshine
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    percysunshine Gold Member

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    "9 - Hank Paulson - US Treasury"


    That moron should be in the top 3.
     
  9. Agit8r
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    Agit8r Gold Member

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    wow.. really?
     

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