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McCain blames 'greedy' for recession
The Washington Times ^
| April 14, 2008
| Stephen Dinan
Posted on 04/14/2008 4:35:45 PM PDT by Aristotelian
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"Greed" doesn't cause recessions. More often than not, failed governmental policies -- e.g., monetary, regulatory, fiscal, etc. -- are to blame for an economic setback. In this case, the blame lies with poor money management by the Fed -- under both Greenspan and Bernanke -- and the effects of federal rules on subprime mortgage lending -- notably, the 1977 Community Reinvestment Act.
To: Aristotelian
2
posted on
04/14/2008 4:37:15 PM PDT
by
pissant
(THE Conservative party: www.falconparty.com)
To: Aristotelian
3
posted on
04/14/2008 4:38:17 PM PDT
by
BGHater
(It's easy to be brave from a distance.)
To: pissant
Slipping back into clueless mode, for certain.
To: Aristotelian
Get out the pitchforks and torches boys, McCain’s gonna lead us to victory over the top-hatted little Monopoly men...
Down with the capitalist exploiters!
Fight the Power!
5
posted on
04/14/2008 4:39:23 PM PDT
by
sinanju
To: pissant
I was hoping things would get better when W retires. It doesn’t look like it.
6
posted on
04/14/2008 4:39:59 PM PDT
by
Moonman62
(The issue of whether cheap labor makes America great should have been settled by the Civil War.)
To: Aristotelian
Yes, the seeds for all these bad loans were planted some time ago. The government goal was home ownership above fiscal responsibility. Without fiscal responsibility it obviously wasn’t sustainable.
7
posted on
04/14/2008 4:40:31 PM PDT
by
DB
To: Moonman62
We will be missing W for years to come. He has been right a whole lot more than he is wrong.
8
posted on
04/14/2008 4:42:18 PM PDT
by
ilgipper
To: Moonman62
McCain could make W look conservative.
9
posted on
04/14/2008 4:42:42 PM PDT
by
Aristotelian
("Sock it to me!" Judy Carne)
To: Aristotelian
"Greed" doesn't cause recessions. More often than not, failed governmental policies -- e.g., monetary, regulatory, fiscal, etc. -- are to blame for an economic setback. What did you think of the Fed raising rates 17 times and inverting the yield curve?
10
posted on
04/14/2008 4:43:40 PM PDT
by
Moonman62
(The issue of whether cheap labor makes America great should have been settled by the Civil War.)
To: Aristotelian
McCain will be elected by democrats.
11
posted on
04/14/2008 4:43:44 PM PDT
by
dforest
(McCain is to Conservatives like Kryptonite is to Superman.)
To: Aristotelian
"There has to be a modification of the greedy behavior of some of these people,"Wonderful....financial re-education camps
12
posted on
04/14/2008 4:46:12 PM PDT
by
Kakaze
(Exterminate Islamofacism and apologize for nothing.....except not doing it sooner!)
To: indylindy
"McCain will be elected by democrats."He'll have to be because he will be getting no help from true conservatives.
13
posted on
04/14/2008 4:46:13 PM PDT
by
Czar
( StillFedUptotheTeeth@Washington)
To: DB
Yes, the seeds for all these bad loans were planted some time ago. The government goal was home ownership above fiscal responsibility. Without fiscal responsibility it obviously wasn’t sustainable.Which just to prove politics -- esp. in an election year-- isn't your strong suite. (wink)
14
posted on
04/14/2008 4:46:37 PM PDT
by
yankeedame
("Oh, I can take it but I'd much rather dish it out.")
To: Aristotelian
John McCain is a white guy Barack Obama.
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus
15
posted on
04/14/2008 4:47:26 PM PDT
by
goldstategop
(In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
To: goldstategop
Can we call him boy though?
16
posted on
04/14/2008 4:49:12 PM PDT
by
pissant
(THE Conservative party: www.falconparty.com)
To: Aristotelian
McCain is in need of a mirror, for it is he and the rest of the useless idiots that occupy our government offices who carry a great deal of the blame. From poor spending habits to giving money away at the discount window to catering to the braindead tree-hugging globull warmists to the complete disregard for enforcing time-tested proper lending practices.
17
posted on
04/14/2008 4:49:21 PM PDT
by
meyer
(Still conservative, no longer Republican)
To: yankeedame
18
posted on
04/14/2008 4:50:03 PM PDT
by
DB
To: meyer
McCain? He's never held a private sector job a single day in his life. He's just as elitist as the Dems.
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus
19
posted on
04/14/2008 4:50:42 PM PDT
by
goldstategop
(In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
To: indylindy
McCain will be elected by democrats.It'll have to be democRATS because a great number of Republicans are actually conservative and thus can't vote for the latest rendition of the Republican socialist.
20
posted on
04/14/2008 4:50:43 PM PDT
by
meyer
(Still conservative, no longer Republican)
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