That is the thing. I am not democrat or republican but I marvel at those who defend each party simply because they think that this is the best we can do. SK you seem to be plenty satisfied with guys like Frank and Dodd and others like them. It doesn’t matter to me which party they belong to. I woul dpresume if Frank was not a democrat you guys would be all over him.
No Fannie and Freddie are not the reasons for the crash.
However this is what it all boils down to:
Quote from CAR:
“Everybody in power knew, and they knew exactly how this game was going to end (govt bailouts which would result in even more wealth for themselves, while the taxpayers and J6 would be screwed for life).”
So you are going to put a burden of me going on to find the hard evidence of this. They all knew. Frank knew, republicans knew, democrats knew, Roubini knew, they all did. The entire system is so horribly corrupt with lobby and greed that it is a joke. The really sad thing is people who are satisfied with it, who defend those who participated in it, and continue to support those criminals.
I do not.
If it means throwing away my vote for guys like Paul and other fringe types so be it.
You continue your defense for those who WERE IN POSITIONS OF AUTHORITY while it all went down.