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Old 09-28-08, 08:01 PM   #1 (permalink)
 
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Hypocrisy and cover up

Can I introduce you to Hypocrisy at it's finest.



Burning Down The House: What Caused Our Economic Crisis?
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http://www.youtube.com/watch?v=cMnSp4qEXNM&feature=related

http://online.wsj.com/article/SB122247015469280723.html?mod=googlenews_wsj


If any one else has info about this what caused the housing bubble to start or bust show me, I'm intrested to see another point of view.

-This stinks of corruption and massive cover up going on right now under our noses. Think about it.
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Old 09-28-08, 08:52 PM   #2 (permalink)
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It's blasphemous and racist to cite the community reinvestent act as a source of the subprime bubble.... didn't you know that?

Not sure if your links pointed to the number of subprime notes written from Carter to Clinton and the escalation in that time but iirc it wenrt from roughly 5% to about 30% under Clinton.

Anyway - everyone knows it was GW and his friends who plotterd this collapse so I don't know who you think you;re gonna fool
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Old 09-28-08, 09:38 PM   #3 (permalink)
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Interesting points.
Seems like this disaster was created by a few for the benefit of a few.
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Old 09-28-08, 09:45 PM   #4 (permalink)
 
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Originally Posted by Guido View Post
...Seems like this disaster was created by a few for the benefit of a few.
Always is.
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Old 09-28-08, 09:52 PM   #5 (permalink)
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Indeed. Let's find the "Few" and burn them at the stake.
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Old 09-29-08, 12:14 AM   #6 (permalink)
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hoping the SEC stays busy during next administration
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Old 09-29-08, 12:59 AM   #7 (permalink)
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hoping the SEC stays busy during next administration
Seems like they're going to need to double their current staff IMO.
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Old 09-29-08, 01:03 AM   #8 (permalink)
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yeah well, it'll keep me busy for years
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Old 09-29-08, 04:05 AM   #9 (permalink)
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yeah well, it'll keep me busy for years
I hear you there. Plenty of time for investigations, documentation, trial etc. When will the public get tired of waiting and start the witch hunts? I doubt it will take too long. The public at large is a mob. Anytime a mob gets "bad" ideas, things change drastically, and very quickly.
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Old 09-29-08, 10:55 PM   #10 (permalink)
 
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Typical preaching

[quote=St. Stalin the Apathetic;3389516]It's blasphemous and racist to cite the community reinvestent act as a source of the subprime bubble.... didn't you know that?]

No need to be ugly and call names, i think i'm being fair by asking for another point of view. I'm intrested in a debate not pre-school games.

Corruption is running rampid both with goverment and investment banks.

I'm just trying to get answers- i don't need a preacher.



Burning Down The House: What Caused Our Economic Crisis? V2
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Old 09-29-08, 11:00 PM   #11 (permalink)
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xian the pathetic was being sarcastic

corey / blake is that you?
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Old 09-30-08, 02:46 AM   #12 (permalink)
 
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xian the pathetic was being sarcastic

corey / blake is that you?
No it's not
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Old 09-30-08, 04:15 AM   #13 (permalink)
 
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i have more goodies in form a video!!

Shocking Video Unearthed Democrats in their own words Covering up the Fanni
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u be the judge and see... i knew something was wrong with the system when i kept getting approved for credit cards whe i was in college, and i didn't have a job.

just imagine all the CREDIT cards given out....and all the mortgages that past 20yrs.
WOWZERS!!!!
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Old 09-30-08, 11:26 AM   #14 (permalink)
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Quote:
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Interesting points.
Seems like this disaster was created by a few for the benefit of a few.

No. It was a well intentioned poorly reasoned attempt to get as many people into houses as possible. The policy ignored the fact that some people cannot afford to buy houses. Reno equated denial of loans in high risk neighborhoods to racist lending discrimination and threatened suit. etc etc

Quote:
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i have more goodies in form a video!!

Shocking Video Unearthed Democrats in their own words Covering up the Fanni
You need to upgrade your Flash Player


u be the judge and see... i knew something was wrong with the system when i kept getting approved for credit cards whe i was in college, and i didn't have a job.

just imagine all the CREDIT cards given out....and all the mortgages that past 20yrs.
WOWZERS!!!!
look up Jamie Gorelick and Franklin Raines.... Clinton appointees to Fannie that plundered Fannie on their way out. Jamie took about $26M and Franklin over $50M
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Old 09-30-08, 01:06 PM   #15 (permalink)
 
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Quote:
Originally Posted by black_ostrich View Post

If any one else has info about this what caused the housing bubble to start or bust show me, I'm intrested to see another point of view.

-This stinks of corruption and massive cover up going on right now under our noses. Think about it.
an in-depth look at this from begining to end with inerviews from many of the real-life people involved and affected.

produced by This American Life for NPR....

http://thislife.org/Radio_Episode.aspx?sched=1242
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