[quote=DWCAP]despite the fact that that piece is obviously a smear campain against democrats, and just happens to leave out all the BS of the republicans (ie Bush touting the homeownership rate increases as a good thing that HE did); you are right that it does bring up some interesting points. So many chances to avoid this crap, and yet “no one saw it coming!”
I would just love for someone to invite Frank onto their show, play that clip of him saying they are fundamently sound and even if they are not, it isnt the GOV problem, and see what he says. The political “doublt talk” around this issue is just astounding, even from Washington standards. [/quote]
Yes, the politically-motivated double-talk around this issue truly is amazing, DWCAP. Barney Frank is one of the whales in this sea of financial perfidy, and yet has escaped full accountability from his own side. Greenspan at least hasn’t got away so cleanly on the other side.
On this political shading of the issues… Years ago, I decided that political partisans added little value to most discussions, because they were more concerned about getting to a certain pre-ordained result than in actually figuring out how things work. Discussions had more in common with two-sided football games than shared intellectual discovery. Unfortunately, I haven’t seen enough evidence since then to change my mind.
