the politicians had a love in in public including real time pleas & very transparent actions ... it is rare to see such history - Wes Schadenfreud
in japan the govt put out repeated reports that their own analysts had to question but the process took many unnecessary years the created more hardships on Japanese folks - lots of 100 yr mortgages that took time to renegotiate ... It doesn't look like criticism it's just different political processes - Wes Schadenfreud
& American process is very bi-polar - the vote was most negative with both the far right & far left - most countries react very differently under such crisis - not bad or good per se - just different political systems - Wes Schadenfreud
Political theater ... We own it so go & at least cast a vote - for what you believe in - vote! - Scott Moskowitz
nope, demos bent over for bush on everything for eight years ... +we+ own this mess ... and it is not even a mess, just an adjustment resulting naturally from our collective foolishness. - Gregory Lent
@gregory hardly - I'm talking about the political argument - *we* own the structure - our *bankers* own the "mess" - the majority wrote the Laws - Main Street wants foreclosure action - bankruptcy judges on the *ground*; citizens reelect their Reps 98% of the time - this is the 2% landslide scenario; & no rich Wall Streeter looks foolish - they've been paid - WaMu failed last night, Gregory - no different than the Gingrich budget stand-off in mid-1990s - watch Repubs call out McCain - Cantor plan is no go - Scott Moskowitz
my take, it is as if anyone with credit card debt participates in the mindset that "created" this "crisis" .. i was probably being overly general .. - Gregory Lent
youtube video tracing it back to the community reinvestment act, and blaming it on democrats ... with a lot of 80's rock music ... ends as an argument for mccain ... helps me understand the opposite camp ... http://in.youtube.com/watch?v=... - Gregory Lent
Hi Scott. Thats the thing about current politicians, they don't have respect. - Christopher Welle
agreed ... gregory yes Acorn/CRA - but they weren't paying acct reps from Bear & Lehman - who started competing in wholesale lending at the height of the bubble - paying 50 basis pts to do 110% financing for 580 credit or better yet 100% financing for 520 credit ... need to allow the Bankruptcy Judges to determine the buyer of last resort - even vulture investors - Scott Moskowitz
