To: TigerLikesRooster
So, to whom are the euroweenies giving subprime loans? Muzzies?
9 posted on
10/05/2008 6:12:50 AM PDT by
CPOSharky
(Blaming CO2 for global warming is like blaming your thermometer for your kid's fever.)
To: CPOSharky
Muzzies and other political constituents. Euro biggies have to play Santa Clause. Besides, some of them go into their hefty salary/bonus package. I heard that officials at Brussels are paid really well.
10 posted on
10/05/2008 6:22:10 AM PDT by
TigerLikesRooster
(kim jong-il, chia head, ppogri, In Grim Reaper we trust)
To: CPOSharky
"So, to whom are the euroweenies giving subprime loans? Muzzies?" One of the heavily cited reasons around here is the Community Reinvestment Act. I don't doubt that as a cause, government meddling will usually come to no good. But did Germany have it's own version? Did they have a housing bubble? Banks are failing in Britain, as well, that must be related.
It seems likely to me that the same forces causing our problems could be found to be at work in Germany & Britain, as well. What are they? Anyone?
11 posted on
10/05/2008 7:00:03 AM PDT by
HangThemHigh
(Entropy's not what it used to be.)
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