Good.
It’s about time this arrogant little puke gets called out for being a phony.
Point out the fact that Kasich voted for NAFTA too. That will get the Trump voters riled-up.
Is this the same Lehman Brothers Donald Endorsed bailing out with our Tax Dollars? Bwahahahaha Yeah you bet Donald. /s
Of all the states on Super Tuesday 2, I think that Ohio is going to be the most difficult for Trump to win. That’s why he’s going after Kasich. That said, he should be careful, considering that Kasich is popular in Ohio.
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What does Kasich know about this?
The best book on the 2008-9 crisis was The Sellout, by Charles Gasparino. He traces several threads:
- How the investment banks (Merrill, Lehman, Bear Stearns) had leveraged themselves into near-death experiences before
- How US government policies virtually forced banks to make low-down payment mortgages to buyers with sub-standard credit, forcing up prices
- How securitization meant these sub-standard loans could be bundled up and sold far and wide (w/ great losses to the buyers)
- How the ratings agencies gave this crap AAA ratings
- How the sales incentives to create mortgage-backed securities led to incredible short term behavior on the part of investment bankers
- How AIG (insurance) screwed up by guaranteeing many of these in Credit Default Swaps....etc, etc, etc.
It took an unholy confluence of eventsgovernment policy, investment banker greed, and last, but not least, securitization to create the perfect storm.....and swamped taxpayers w/ billion dollar bailouts.
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BTW....did Lehman do any education, transportation, municipal bonding deals for Ohio? That/s where the pols and the bank make zillions of dollars in perpetuity.
Also leaves the taxpayers w/ huge tax bills....in perpetuity.
Just look up Kasich in WikiPedia. Then have fun from there.
I never trust “single source” info.
“Not all things you read are necessarily the truth.”
-Abraham Lincoln