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To: kabar
This is all after the fact as a way to demonize corporations and the capitalist system and enlist public support for greater government control.

I think the senior executives of these corporations have done more to accomplish that than anything Congress could do now.

196 posted on 01/30/2009 1:21:28 PM PST by Non-Sequitur
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To: Non-Sequitur

BS. It is the MSM and the Dems creating the perception that these “greedy” Wall street types and bankers are responsible for the recession cum Depression. In reality, it was the government that imposed regulations like redlining that helped create this mess. It was not the lack of regulation, but too much regulation that created the problem. Fannie Mae and Freddie Mac became Dem vehicles to fund their various constituencies and reward the hacks like Raines, Reno, Emanuel, Gorelick, et. al., giving them big pay checks using incentives that increased bad business practices.


201 posted on 01/30/2009 1:31:41 PM PST by kabar
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To: Non-Sequitur

This is my biggest issue...these people have convinced...millions that capitalism...is a failure. No one will ever trust the street again...how sad.


234 posted on 01/30/2009 3:58:25 PM PST by bronxboy
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