By using this site, you agree to our Privacy Policy and our Terms of Use. Close
bigjon said:
Ok, I should have made a better Subject line.

I believe all of washington is to blame for the crisis. Both Parties.

I should have said "Dems to Blame For Fannie and Freddie Failure Which Lead to Collapse of Financial Markets"

basically what the point of this was, if the dems had not been in bed with Fannie and Freddie the snowball would have been stopped before it got too big. It still would have been bad, many of the Bad loans had been made.

The Federal Reserve made it into a problem before anyone in Congress did by keeping rates low for so long.

And you should say that the Democrats and the Neo-cons caused the problem if any group of people was responsible.

 



We had two bags of grass, seventy-five pellets of mescaline, five sheets of high-powered blotter acid, a salt shaker half full of cocaine, a whole galaxy of multi-colored uppers, downers, screamers, laughers…Also a quart of tequila, a quart of rum, a case of beer, a pint of raw ether and two dozen amyls.  The only thing that really worried me was the ether.  There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. –Raoul Duke

It is hard to shed anything but crocodile tears over White House speechwriter Patrick Buchanan's tragic analysis of the Nixon debacle. "It's like Sisyphus," he said. "We rolled the rock all the way up the mountain...and it rolled right back down on us...."  Neither Sisyphus nor the commander of the Light Brigade nor Pat Buchanan had the time or any real inclination to question what they were doing...a martyr, to the bitter end, to a "flawed" cause and a narrow, atavistic concept of conservative politics that has done more damage to itself and the country in less than six years than its liberal enemies could have done in two or three decades. -Hunter S. Thompson