Yes, that’s why my only conclusion is that the “let’s the chips fall” people are in deep denial about how bad this thing is.
>> deep denial about how bad this thing is.
So in other words, the $700 billion isn’t going to fix it, right?
Deep Denial has become a
way of life for massive percentages of the populace.
I expect they are not in denial but are completely misinformed, like the mother who thinks she can hold her baby in her arms in a car crash. She just doesn’t realize that it is like trying to catch a bowling ball dropped from a 10 story window.
I don’t think enough people here know enough about the details of this crisis to be in denial. I think they are uneducated and misinformed. Further, I don’t think most of these people bother to read the more detailed posts about the liquidity crisis. All in all, I think 90% of freepers don’t know more than what they hear from Rush Limbaugh, Sean Hannity and Bill O’Reilly and then just regurgitate their views on this forum.
I heard Rush say the most idiotic thing today. He said, “the Democrats tried to pin all this on Phil Gramm, but people aren’t buying it”. Rushes point being, this is solely a Democrat crisis. And this after Rush said he was going to “quit carrying the water for the Republicans.”
Gramm and the Republicans are very bit as complicit in causing this financial crisis as are the Democrats. They both embraced the bubbles that kept their constituents happy and they both — with a few exceptions like Ron Paul — turned a blind eye to the rapidly escalating problems, thinking they could hide them forever, or at least until retirement.
An this is how Rush Limbaugh has quit “carrying the water for Republicans?” Call as spade a spade. They are almost all of them guilty in causing this financial crisis. Almost all of them — R and D alike. Almost all of them.
So Rush spouts off and you hear it regurgitated mindlessly here. Do people even bother to read the articles posted here? Retorically asked, I will answer, seldom and rarely.