Are the massive flows of money from Wall Street to DC, and from DC back to Wall Street, a secret? Go to opensecrets.org and look 'em up yourself.
Ever wonder why Wall Street investment banks all lined up behind Obama, the most anti-capitalist candidate to be proposed for President since the days of Eugene Debs?
Ever looked at the excess reserves chart and think about why it looks like what it does?
I have MERS headquarters in town here. I live in a development full of people who got ripped off by Countrywide at the height of the mortgage bubble and are all hating life as a result. I assure you - this is no fiction.
The folks in Jefferson County, Alabama can assure you of the same, I bet.
Do your research before you start running your mouth.
Mortgage backed securities have been around since there have been mortgages.
the problem was that the banks were forced to give mortgages to people who never should have gotten them. The CRA was the thing that really started us down the road years ago.
One of the problems is that the big money center banks are confused with the guy running a branch on the corner. The banker on Main street had very little to do with our issues.
You missed a couple.
Henry Wallace, Stalin's man, 1948. Rump Democratic convention of Stalinists. George McGovern was a delegate.
George McGovern, 1972 (there's that name again!). McGovern was Obama before Obama was Obama, back when little Barry Soetoro was getting skinned by Frank Marshall Davis. No wonder the Left hated Nixon -- they could have won the Cold War with McGovern. What a party poop old Dick was.