Who is to blame?

unsungunsung I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487
edited October 2008 in A Moving Train
Post edited by Unknown User on

Comments

  • g under pg under p Surfing The far side of THE Sombrero Galaxy Posts: 18,200
    unsung wrote:

    Thanks for the info.

    Peace
    *We CAN bomb the World to pieces, but we CAN'T bomb it into PEACE*...Michael Franti

    *MUSIC IS the expression of EMOTION.....and that POLITICS IS merely the DECOY of PERCEPTION*
    .....song_Music & Politics....Michael Franti

    *The scientists of today think deeply instead of clearly. One must be sane to think clearly, but one can think deeply and be quite INSANE*....Nikola Tesla(a man who shaped our world of electricity with his futuristic inventions)


  • spongersponger Posts: 3,159
    Actually, this video has already been disproven with this post

    Also, this 60 minutes video describes how subprime lending isn't even the real cause of the crisis. Rather, it was the credit default swap investing market, which was an insurance scheme that provided a false "guarantee" for subrpime mortgage backed securities that brought down ALL of the major banks that needed to be bailed out, which ultimately led to the crisis.

    Credit default swaps are totally unregulated thanks to the Commodity Futures Modernization Act of 2000, which was pushed through the house by Phil Graham among other morons, who was John McCain's financial advisor until 2007.

    Nice partisan, ficticious, and misleading youtube video.
  • jimed14jimed14 Posts: 9,488
    sponger bringing the HEAT ... and some credible facts .... not some obviously slated youtube video.
    "You're one of the few Red Sox fans I don't mind." - Newch91

    "I don't believe in damn curses. Wake up the damn Bambino and have me face him. Maybe I'll drill him in the ass." --- Pedro Martinez
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