Temporary Deal Implosion - Excellent

[Spock]

swampy wrote:


I want a complete independent investigation of the whole mess. I want to know how this happened and who's responsible. Let the chips fall where they may. Culpability will fall on both parties I'm sure, but the tax payers need to know so that regulations can be put in place to assure that this will never happen again. The crooks need to be exposed and gotten rid of. Prosecute those responsible. Clean house.

Good idea and at the same time lets have a similar investigation of the litany of illegal actions of the current administration including but not limited to :-

Detention without trial.

Illegal wiretapping.

Authorizing torture.

Destroying email records.

Etc, etc.

[Wags]

guitarist wrote:
Who blew it up? Democrats tried to attach their condition that a percentage of the 700 Billon bailout money should go to ACORN? wtf? Why did Democrats consistently shoot down tighter Fannie Mae rules? Follow the money...ACORN, Fannie Mae, greedy banks. Since the middle 1990s, Democrats have been using Fannie Mae and friendly outside groups to build a political base. ACORN, the Association of Community Organizations for Reform Now, is the "sounds-good-at-first" group, operating all over the country, whose subsidiaries are scandal-prone and repeatedly get hauled into court for bogus voter registrations...

This thing is being politicized on both sides.

...Obama, received Fannie Mae money and likely benefited from ACORN voter registrations. Obama represented ACORN to sue Fannie Mae to reduce the requirements for getting mortgages. Lowering those mortgage requirements set the stage for waves of big bank scams that lined the pockets of the banks, bank officials, Fannie Mae executives, and politicians. Weak supervision allowed them to milk Fannie Mae for money and political advantage. Reckless deregulation didn’t cause this problem; Congressional meddling did.

Since he's reluctant to source his material I'll do it for him. Check out their home page for a pretty good idea of where they're coming from:

http://www.freerepublic.com/home.htm

[mikeylikesit]

Talking points?

Just when the guitarist was getting traction, he turns out to but a regurgitative right wing tool. What a shock. Wonder what he called himself in previous incarnations?

[Wags]

mikeylikesit wrote:
Talking points?

Just when the guitarist was getting traction, he turns out to but a regurgitative right wing tool. What a shock. Wonder what he called himself in previous incarnations?

Nietzsche?

[Filliam H. Muffman]

It is a shame that there is not a Hoover Room in the White House. That would have been the appropriate place for Bush to hold a conference on the bailout.

[mikeylikesit]

Freddy we hardly knew ye!

[Gutenberg]

swampy wrote:
"This Dodd guy has shown quite a lot of insight and intelligence lately."

He's more famous for his insight and intelligence about how to scam Freddie/Fannie for the big bucks and get sweetheart deals from Countryside. He is the number one recipient of donations from F/F with BHO being number 2.

Yes, and before there was a Democratic majority in the Senate F/F sent their cash to Richard Shelby, chair of the Banking, Housing and Urban Affairs Committee when the Republicans were in control. Where do you expect F/F to send their political contributions, the Armed Services Committee? Governmental Affairs? Judiciary?

[guitarist]

mikeylikesit wrote:
Talking points?

Just when the guitarist was getting traction, he turns out to but a regurgitative right wing tool. What a shock. Wonder what he called himself in previous incarnations?

What was your screen name last week? Or three months ago? What will it be in two weeks from now?

If you bothered to read half the left-wing propaganda you regurgitate, you'd think twice before getting into a personal snit fit, name calling, baiting, substituting personal attack for an informed contribution. For the record, this is the only name I've ever used. What's about you? Can you honestly say the same? Go ankle bite someone else. Someone might accidentally step on you.