I am sick of hearing all the deflection to deregulation when the core of our melt-down was Freddie and Fannie and their outrageous lending practices supported and protected by Frank, Dodd, and Schumer.
If I have made any mistakes please clear them up for me with your comments. Thanks for reading.
1 posted on
10/04/2008 8:57:43 PM PDT by
surfer
To: surfer
You left off clinton - he pressured banks.
To: surfer
3 posted on
10/04/2008 9:15:05 PM PDT by
DJ Taylor
(Once again our country is at war, and once again the Democrats have sided with our enemy.)
To: surfer
Hey Brother, Thank you for the headlines! You'll never see this reported on by the MSM, for if they did, you can bet that Obama's goose would be cooked, and the same could be said of every Democrap in both the house and the senate.
But I'm afraid that none of this matters now, because the majority of our elected Republicans are far too interested in just getting along with the Dems than standing up and pointing the finger where it should be.
Also,there are far too many apathetic Americans out there who live only for NASCAR, or either the Life Time channel, and they hear a sound bite by one of the MSM, and that's all they will ever know about anything going on outside their little world.
And with an electorate like that, what hope do we have?
4 posted on
10/04/2008 9:18:52 PM PDT by
Hillarys nightmare
(So Proud to be living in "Jesus Land" ! Don't you wish everyone did?)
To: surfer
Barney Frank and fannie mentioned together is a scary thought. :<(
6 posted on
10/04/2008 9:35:39 PM PDT by
boycott
To: surfer
Our talking points should reflect that it was not deregulation but re-regulation,namely the CRA and its revocation of standard loan practice.BTW,I love the graphs on “Burning Down the House”,does anyone have a “works cited”for that video,they`re visual and easy to follow,they`d be good for sound bites.
7 posted on
10/04/2008 9:36:45 PM PDT by
nomad
To: surfer
Consider your editorial peer reviewed.
It passes muster.
8 posted on
10/04/2008 9:37:10 PM PDT by
Eric Blair 2084
(Alcohol, Tobacco and Firearms shouldn't be a federal agency...it should be a convenience store.)
To: surfer
The Fox news channel covered this earlier in the evening, some professor-like man talking to the guy whose hour, or half-hour it was...covered all the bases you covered here, from FDR, LBJ, Carter, right up the line. The mystery is why would the financial institutions buy all these risky mortgages, apparently group them together, and sell? them again in increasingly larger groupings of mortgages...and sell them to who? And why? Why buy mortgages that were rated at something like 50% chance they’d fail? And who would buy ‘em? Shrug.
10 posted on
10/04/2008 9:51:56 PM PDT by
Retch_Sweeney
(Men for whom God is dead worship on another...Crews maybe)
To: surfer
13 posted on
10/05/2008 4:19:24 AM PDT by
Arthur Wildfire! March
(BO Change is BS Change. A big Zero Change to help Ayers and Raines.)
To: Sparkles
16 posted on
10/05/2008 5:31:08 AM PDT by
tazman3
To: surfer
I am sick of hearing all the deflection to deregulation when the core of our melt-down was Freddie and Fannie and their outrageous lending practices... Not defending Fannie/Freddie nor any of the Dims who enabled their fiscal tomfoolery, but there are other, maybe greater influences in the subprime mess, to wit----->Investment Banks Provided Subprime Lenders with Critical Funding.
17 posted on
10/05/2008 11:49:05 AM PDT by
ForGod'sSake
(ABCNNBCBS: An enemy at the gates is less formidable, for he is known and carries his banner openly.)
To: surfer
19 posted on
10/05/2008 12:23:47 PM PDT by
narses
(Obama and Osama both have friends who bombed the Pentagon.)
To: surfer
We were just discussing on another thread, an hour long
Fox News Special: Saving Our Economy: What'$ Next [MUST SEE] that covers a lot of what you've just posted. It's been on yesterday and today. The Next and LAST showing that I can see, is 10pm ET TONIGHT (10/5/08). So for those of you who've missed it, try and catch it. And if you can corral a lefty or independent to watch it with; do so!
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