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Free Republic Poll - Who do you blame most significantly for the downfall in the economy?

Posted on 01/31/2009 9:56:45 PM PST by WheresMyBailout

I'll list some names but it is by no means exclusive. It would be interesting if you could post a brief rationale by your post. The option of nobody also exists and the option of a class of people exists:

Fed Chiefs:

Alan Greenspan
Ben Bernanke
Paul Volcker

Speakers of the House:

Newt Gingrich
Denny Hastert
Nancy Pelosi

Senate Banking Committee Chairmen:

Al D'Amato
Phil Gramm
Paul Sarbanes
Richard Shelby
Chris Dodd

House Financial Services Committee Chairmen:

Jim Leach
Mike Oxley
Barney Frank

Presidents:

Jimmy Carter
Ronald Reagan
George H. W. Bush
Bill Clinton
George W. Bush
Barack Obama

Treasury Secretaries:

Robert Rubin
Lawrence Summers
Paul O'Neill
John Snow
Henry Paulson
Tim Geithner

Defense Secretaries:

William Perry
William Cohen
Donald Rumsfeld
Robert Gates

Failed Presidential Candidates:

Bob Dole
Al Gore
John Kerry
John McCain

Others:

Tom Bliley
Judd Gregg
Ken Lay (Enron)
Jeffrey Skilling (Enron)
Bernard Madoff
Dick Fuld (Lehman)
Angelo Mozilo (Countrywide)
Jon Corzine (former CEO of Goldman, along with Rubin and Paulson)
Franklin Raines (Fannie Mae)
Daniel Mudd (Fannie Mae)
Martin Sullivan (AIG)
Robert Willumstad (AIG)
Maurice Greenberg (AIG)

Classes of People:

Nobody
OPEC
A particular country
A particular religious group
A particular ethnic group
A particular profession


TOPICS: Business/Economy
KEYWORDS: bailout; blame; corruptdems; economy; frpoll; poll; socialism; stimulus; thebuckstopshere
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To: WheresMyBailout
Fed Chiefs:
Ben Bernanke
Speakers of the House:
Tip O'Neil/Nancy Pelosi
Senate Banking Committee Chairmen:
Chris Dodd
House Financial Services Committee Chairmen:
Bwarney Fwrank
Presidents:
Jimmy Carter/Bill Clinton
Treasury Secretaries:
Robert Rubin

....may they, all rot in h3!!

61 posted on 01/31/2009 11:46:21 PM PST by skinkinthegrass (just b/c you're paranoid, doesn't mean "they" aren't out to get you.. :^)
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To: o_zarkman44

Clinton really push the hell out of CRA...

also....

Barney Frank, Chris Dodd and a host of others [like Waters and Meeks]that flatly stated there was no problem with Freddie or Fannie!!!!

Jail them all NOWWWWWWWW!!!!!!!!!!!!!!!!!


62 posted on 01/31/2009 11:46:26 PM PST by BobP (It's no wonder those that think have turned off the piss-stream media)
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To: JSteff

I think this was designed to usher in the one world government.


63 posted on 01/31/2009 11:51:52 PM PST by beckysueb (Palin/Jindahl in 2012)
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To: WheresMyBailout

If you really want to go back to the guy who started this whole thing rolling then Senator Francis T. Maloney is a very good candidate Sarbanes and Oxley were only following his lead.


64 posted on 01/31/2009 11:59:30 PM PST by Harmless Teddy Bear (Faith Manages.)
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To: WheresMyBailout

CEOs playing with other people’s money (OPM). IMO, nobody forced banks to lend to NINJAs. They could have refused and reduced their activity rather than self-immolate. The cause was lack of accountability resulting from underwriting by originators contractually remote from the ultimate purchases of the derivatives. The fix? None. There will always be greater fools. As for the economy cut corporate tax rates.


65 posted on 02/01/2009 12:03:47 AM PST by Praxeologue
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To: o_zarkman44
Barney Frank, Chris Dodd, Ted Kennedy, Nazi Pelousey, Dingy Harry Reid, Tom Daschel, John McCain alan Greenspan, Bernacke, ACORN Osama Bin Laden, OPEC, Saddam Hussein, Satan

'Can't blame Peter Schiff: he got it five-stars right!

http://www.youtube.com/watch?v=2I0QN-FYkpw

66 posted on 02/01/2009 12:03:51 AM PST by Does so (This is a good time for ALL unions to go on strike.)
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To: WheresMyBailout

The American electorate


67 posted on 02/01/2009 12:12:02 AM PST by Gondring (Paul Revere would have been flamed as a naysayer troll and told to go back to Boston.)
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To: familyop

Cna’t get behind a world war, with those pinheads in control they’d start up the draft and I got two teenage sons that I would trust their lives with them for a moment. And I still want to see Bama’s selective service number before I let my sons go.


68 posted on 02/01/2009 12:42:32 AM PST by Always Independent
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To: beckysueb

That’s my thinking too .... all the others contributed but the master manipulator was Soros pulling the strings.


69 posted on 02/01/2009 12:46:55 AM PST by EDINVA
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To: Halgr

JP Morgan circa 1910.


70 posted on 02/01/2009 1:05:15 AM PST by Halgr (Once a Marine, always a Marine - Semper Fi)
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To: The Duke
Are guillotines imported?


71 posted on 02/01/2009 1:36:30 AM PST by familyop (combat engineer (combat), National Guard, '89-'96, Duncan Hunter or no-vote, http://falconparty.com/)
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To: familyop
Are guillotines imported?

Historically they have been, but I think we're going to need some new-fangled ones with higher bandwidth.

72 posted on 02/01/2009 5:26:12 AM PST by The Duke (I have met the enemy, and he is named 'Apathy'!)
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To: azishot

My father, a Conservative Republican, and veteran of WWII still sings FDR’s praises. Dad is 92 years old, and credits the CCC camps with saving him as a youth. It doesn’t matter thaty FDR destroyed the private sector with confiscatory taxation...for many people who lived through it you will her the same refrain— that FDR gave the people hope.


73 posted on 02/01/2009 6:08:48 AM PST by AdvisorB (Obamatude could be defined by Blago as something tangible, but not quite as tangible as JJJ's offer.)
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To: WheresMyBailout
THE AMERICAN VOTER
74 posted on 02/01/2009 6:10:58 AM PST by bmwcyle (I have no President as of Jan 20th 2009. No Congress either.)
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To: WheresMyBailout

FDR and all freeloaders since.


75 posted on 02/01/2009 6:46:55 AM PST by Freiherr
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To: AdvisorB

FDR gave them hope...help me out here, AdvisorB. I’ve heard that word before but can’t remember from whom. (sarcasm)


76 posted on 02/01/2009 7:11:37 AM PST by azishot (I just joined the NRA.)
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To: Does so

Peter Schiff is not responsible. He, just like his collegues had no idea what banks and investment brokerages were in trouble. We didn’t know until they were closed down on a Friday by the government.
There was a lot of behind the scenes dealing going on and the average investor got screwed by a government cover up.

He is being targeted by the other investment gurus who were wrong. They don’t want the public to lose confidence in their abilities.
So they bash the messinger Schiff, who has been absolutely right in predicting the crisis. Schiff, like everyone else, has his ideas about how to SAVE our economy. But because he was right on about the crisis, and pointed fingers at Fanny and Freddy, government, and some other irresponsible brokerages, the government is trying to do damage control by character assasination.

There was another thread blamng Schiff. Saying his investors lost 40%. Find me an investment guru wHo DIDN’T LOSE close to that same amount. When the government and their cronies start pointing fingers of blame, look back at the finger. You will find the problem.


77 posted on 02/01/2009 7:55:57 AM PST by o_zarkman44 (Since when is paying more, but getting less, considered Patriotic?)
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To: WheresMyBailout

FDR: For the New Deal that created amongst other things Social Security, one of the biggest drains on the treasury.

LBJ: For the so-called “Great Society” that created the welfare state.

The authors of the 1965 Immigration and Nationality Act that flooded the country with a poorer, lower skilled, population.

The authors of the Immigration Reform and Control Act (IRCA) of 1986. This amnesty expanded the problems caused by the 1965 act.

Bill Clinton and George W. Bush: For pushing (through Fannie and Freddie) the lowering of lending standards to boost minority home ownership.

Barney Frank: For covering up the problems with Fannie and Freddie, and now claiming that he can provide the solution.

Acorn et al: For shaking down the government and the banks, and now claiming the banks (that implemented Acorns preferred policies) are at solely fault.

The financial companies, hedge funds, etc.: For failure to understand their own products. For (after years of talking of “market discipline” when closing, “restructuring,” or off-shoring large chunks of viable enterprises) running to the government like little children.

This is not meant to be a full and complete list ;)


78 posted on 02/01/2009 8:17:24 AM PST by evilC
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To: WheresMyBailout

You said — “Classes of People:”

Ummm.., the American people (in general), in terms of greed... LOL...

[If it’s too good to be true.... :-) ... ]

Of course without the American people, none of it would have happened...


79 posted on 02/01/2009 8:43:05 AM PST by Star Traveler
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To: WheresMyBailout

The Queeah


80 posted on 02/01/2009 8:56:59 AM PST by bert (K.E. N.P. +12 . The original point of America was not to be Europe)
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