[RobinMasters]

Ping.

[fkabuckeyesrule]

Thanks for the post.

[piasa]

ping

[Bhoy]

Like a Greek tradgedy...

Thanks for post.

[Larry Lucido]

So did a guy with a sign on a street corner in downtown Detroit. Uncanny!

[dennisw]

bttt

[Deagle]

How much of all this misery was caused by a few in Congress and the Senate? Their pushing of low prime loans to those that could not afford them for housing along with their defenders ACORN and associated groups that pressured banks for those same loans...and hope to continue their efforts toward the same outcome I see...

Well, can the complete international banking failures be blames on just a few Congressmen with greedy ideals? Maybe Dodd, Rangel, and the gay guy (can’t remember his name).

That might actually be true... Their insistance of loans to those that could not afford them along with the push by ACORN and associates against banks created this mess. The banks then sold these assets (so to speak) to other banks and mortgage houses to make money themselves. Who is to blame?

Well, I would have to make our government to blame for the whole mess - international and all! They were the greedy ones who tried to force banks to make ill-backed loans which they later sold as “government backed” paper to financial institutions. Our own government is the cause of this major failure - not regulations as they would insist upon...

[parsifal]

This is a great article! There were many people who were sounding the alarm about different aspects of meltdown.

Here is another link which is very lengthy and has numerous fascinating links within it. Amazing how far back the roots of this crisis go and how many people were ignored.

http://www.crashopedia.com/index.php/Main_Page

parsy, who hopes you enjoy

[Tunehead54]

4 am bump! ;-)