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To: RayChuang88

Yep..your scenario is entirely probable. I also think that the whole 2008 crash and market scare was also orchestrated by corrupt corporate toadies, democrat socialist/communist thugs, Soros and Obama’s handlers. There is something very wicked in our country right now and it is going to have to be torn out root and branch in the next election if we are to survive as a country that is free. Next stop is full blown communism if something isn’t done.


56 posted on 07/26/2011 10:51:06 AM PDT by penelopesire (Let The Congressional Hearings Begin!)
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To: penelopesire
Yep..your scenario is entirely probable.

The scenario you refer to (Soros is behind these trades) has a probability of being true that approaches zero. Anyone who would propound that idea has no clue about market reality.

Read my other posts on this thread, particularly the one that demolishes the entire premise of this article.

Soros is a socialist a$$hole, but he's not an idiot.

I also think that the whole 2008 crash and market scare was also orchestrated by corrupt corporate toadies, democrat socialist/communist thugs, Soros and Obama’s handlers.

The only part of that which is right is "democrat socialist/communist thugs," which accurately describes the advent of CRA based on a bogus "red-lining" study and its massive acceleration of toxic lending from 1992 to 2005. CRA was cooked up in the late 1970s. It took 25 or so years for government meddling in mortgage markets to take its final toll.

Once again, Soros is an a$$hole, but he had nothing to do with CRA and forcing banks to make substandard mortgages, appraising homes, securitizing mortgages, rating those securities, or setting the monetary policy which enabled the RE bubble and collapse.

Jug-ears is an idiot, but he too had nothing to do with CRA and the mortgage bubble, it all pre-dated him.

Nothing was "engineered" by anyone. The accumulation of horrible Democrat-liberal-socialist policy for decades finally took its toll. Bush II is also partially responsible as he went along with increasing CRA lending "goals." Mitigated by his failed attempts to rein-in Fannie and Freddie, the failure of which was entirely due to Democrats.

You're right that the next election will be very important, but that's no reason to engage in conspiracy theory rubbish.

And "corporate toadies" is just another name for garden-variety rent-seekers. Of which there will always be too many until the size of government is reduced and they have no reason to seek an advantage from government.

61 posted on 08/02/2011 5:22:25 AM PDT by AntiScumbag
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