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The Great Lie Exposed. posted 4/5/2009 6:10:10 PM | 1 kudo what's this?     report abuse   GryGoast Timeline shows Bush, McCain warning Dems of financial and housing crisis; meltdown Gry Copy & paste to friend: (Click inside box; Ctrl + C to copy; Ctrl + V to paste)

read more blogs! Blogs by GryGoast: OK, I'm thinkin your not going to meet the perents! Sen. Barnny Franks in his own words. (Chairman House Fnc Cmty) Crusin the hood with ma peeps! I blame the American People Economic Crisis Survival Tips The Great Lie Exposed. Got to be said. So ... your life sucks! What time is it boys and girls .... USDA update

Wordsofwit	Apr 5 @ 7:45PM
	I can't argue with that. I saw Fanny and Freddie as the the tipping point towards recession. The other lenders the nation could absorb, not these two. There had been too much deregulation leading to this mess. It began with George H. Bush, continued through Clinton, and into George W. It was, IMHO, a bipartisan mental meltdown.
paulywalnuts	Apr 5 @ 8:21PM
	Where are all the liberals now ? Yea..Barney Frank..a real American Hero
StraddleMyNose	Apr 5 @ 10:40PM
	Bruce, I believe the mess started under Clinton in the late 90's.
GryGoast	Apr 5 @ 11:06PM
	Bruce, I believe the mess started under Clinton in the late 90's. Clinton administration's BANK AFFIRMATIVE ACTION They forced banks to make BAD LOANS and Obama's tie to all of it!!!
evild614	Apr 6 @ 2:33AM
	It's politically correct to feel bad for the schmuck losing his house. It's easy for barely-literate consumers who don't understand economics on any level to point fingers at banks and politicians on both sides of the isle. But I've yet to hear of one single incident in which a banker or legislator pointed a gun to a person's head and made them take out a home loan. Fact of the matter is, the middle class's irresponsibility and short-sightedness (and general lack of finance comprehension) led to their own demise. I say fuck the deadbeats. Fuck the people who would rather blame the successful for their own failure rather than try and compete with them. Fuck partisanship lines- politicians didn't cause this meltdown. Fuck it all. I'm a full-time student, I got two jobs, never been late on rent or a utility bill, got time to read the WSJ every day, and usually a little bit of cash at the end of the month to put in a long-term CD towards a down-payment on a home. How do I manage all this? I don't stop to ask, "whose fault is it that I'm poor?" I just work 'till I'm not poor anymore.
StraddleMyNose	Apr 6 @ 2:42AM
	But I've yet to hear of one single incident in which a banker or legislator pointed a gun to a person's head and made them take out a home loan. You're right, a lot of these people who got these loans are to blame as well, getting themselves in over their heads with these loans. They hold responsibility as well. How do I manage all this? I don't stop to ask, "whose fault is it that I'm poor?" I just work 'till I'm not poor anymore. Right on!
southerngent64	Apr 6 @ 5:48AM
	NPR had an interview on March 25th with Frank Partnoy, a professor at the USD School of Law, who sold derivatives in the '90s. He blames them, and credit default swaps, for the current financial crisis. Here's the link. Click on the "Listen Now" link and sit back for 40 minutes. Prepare to get pissed off. NPR Link
surv6969	Apr 6 @ 8:26AM
	to FOX and GryGoast. I had heard this before on Rush but it is more effective to see it. To bad the other media won't stop kissing the Dem's ASS.