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hee hee hee
I hear crickets.
I see ostrich azz.
I find it rather astounding that the notwits on this board keep trying to blame the government, or the Dems or Republicans for what has been essantially at meltdown of the PRIVATELY OWNED banks.
Do you people NOT understand that if the rating companies (Moody's for example.. ALSO PRIVATE COMPANY) had done its job properly that NONE of this would have happened?
Of course you don't. That's why nobody seems to ever mention their role is this disaster.
Most of you are so faithfully sticking to the canard that government is the problem that even when there is TRILLIONS of dollars worth of evidence that makes this issue so apparent that even a child could understand it, you continue to want to make this an indictment of government.
Now to the extent that you can blame government at all, you can blame government for is NOT BEING SOCIALIST (read regulatory) ENOUGH.
Do you neocons and Republican apologists actually get that?
I rather doubt it.
Most of you Democratic and Republican Party basher really have no idea what the problem is or why it happened.
It is evident from your postings you're more than just somewhat clueless.
This disaster is really a brilliant failure of private corporations to regulate themselves, folks.
Government's role in this was NOT having a role in preventing it, as it should have.
I find it rather astounding that the notwits on this board keep trying to blame the government, or the Dems or Republicans for what has been essantially at meltdown of the PRIVATELY OWNED banks.
Do you people NOT understand that if the rating companies (Moody's for example.. ALSO PRIVATE COMPANY) had done its job properly that NONE of this would have happened?
Of course you don't. That's why nobody seems to ever mention their role is this disaster.
Most of you are so faithfully sticking to the canard that government is the problem that even when there is TRILLIONS of dollars worth of evidence that makes this issue so apparent that even a child could understand it, you continue to want to make this an indictment of government.
Now to the extent that you can blame government at all, you can blame government for is NOT BEING SOCIALIST (read regulatory) ENOUGH.
Do you neocons and Republican apologists actually get that?
I rather doubt it.
Most of you Democratic and Republican Party basher really have no idea what the problem is or why it happened.
It is evident from your postings you're more than just somewhat clueless.
This disaster is really a brilliant failure of private corporations to regulate themselves, folks.
Government's role in this was NOT having a role in preventing it, as it should have.
I find it rather astounding that the notwits on this board keep trying to blame the government, or the Dems or Republicans for what has been essantially at meltdown of the PRIVATELY OWNED banks.
Do you people NOT understand that if the rating companies (Moody's for example.. ALSO PRIVATE COMPANY) had done its job properly that NONE of this would have happened?
Of course you don't. That's why nobody seems to ever mention their role is this disaster.
Most of you are so faithfully sticking to the canard that government is the problem that even when there is TRILLIONS of dollars worth of evidence that makes this issue so apparent that even a child could understand it, you continue to want to make this an indictment of government.
Now to the extent that you can blame government at all, you can blame government for is NOT BEING SOCIALIST (read regulatory) ENOUGH.
Do you neocons and Republican apologists actually get that?
I rather doubt it.
Most of you Democratic and Republican Party basher really have no idea what the problem is or why it happened.
It is evident from your postings you're more than just somewhat clueless.
This disaster is really a brilliant failure of private corporations to regulate themselves, folks.
Government's role in this was NOT having a role in preventing it, as it should have.
Let me put it to you this way. I no longer give a shit who is responsible. No Bailout. Let all the shit they have been piling up come crashing down on their heads. Americans will just have to learn to live without credit. Not a bad idea.
Agreed--if our economy is a house of cards let it fall. The next government we elect can campaign on what new system they want to try.
we are well on the way. We used to have 5 investment banks. Only two are still standing.
I find it rather astounding that the notwits on this board keep trying to blame the government, or the Dems or Republicans for what has been essantially at meltdown of the PRIVATELY OWNED banks.
You are the epitome of, "Mistakes were made, others will be blamed."Freddie and Fannie are not the only ones involved in this mess
And didn't Republ;icans control Congress in 2005?
You are the epitome of, "Mistakes were made, others will be blamed."
We got as many GOPers trying to fix the mess as dems denying it exists and actually excuriating the regulators doing their jobs. Just today in other threads you were whining about a lack of regulation. Well, here it is: regulators getting harrassed for doing what they're paid to do.
But somehow it's the GOP's fault for failing to stop the dems from buying votes from poor people with houses they can't afford. When you sneeze does it come out both faces at the same time?
1. Dems say they need regs but then blocked these as well as the ones in 2003 and 2006.Yes, and in other threads Republicans are saying that all regulations are bad. So what is it?
Yeah, who am I going to believe? You or my own lying eyes?If you are arguing that the Republicans tried to add regulations to the banking industry--not just the Macs--then you are just being stupid. Republicans also controlled both houses of Congress, the Presidency and the Supreme Court in 2005 and you want to blame the Democrats? Brilliant!
Freddie and Fannie are not the only ones involved in this mess
And didn't Republ;icans control Congress in 2005?
The video shows republicans calling for oversight and dems attacking the regulators.
Once again, failing to hold the consumers accountable for their uninformed decisions.
The banks would be fine right now, had the borrowers known what it was they were signing. Of course, signing that mortgage and securing the loan was more important to most people than being informed about whether or not it would ultimately be a good decision in the first place.
So your answer is that government should do the job that consumers should have done themselves.
Just one more way the citizens of this country become even more stupid and apathetic.
The banks would be fine right now, had the borrowers known what it was they were signing.
The banks would have been very cranky if that were the case because the elaborate Ponzi scheme that they created would not have worked because the marks wouldn't have been duped.
Of course, signing that mortgage and securing the loan was more important to most people than being informed about whether or not it would ultimately be a good decision in the first place.
Of course getting the mark to sign so that the bonuses could be paid was more important than making sure repayment was likely.
The banks would be fine right now, had the borrowers known what it was they were signing.
The banks would have been very cranky if that were the case because the elaborate Ponzi scheme that they created would not have worked because the marks wouldn't have been duped.
Of course, signing that mortgage and securing the loan was more important to most people than being informed about whether or not it would ultimately be a good decision in the first place.
Of course getting the mark to sign so that the bonuses could be paid was more important than making sure repayment was likely.
