Comments on: Who Time Blames For The Financial Crisis

By: yellarcan

yellarcan — Sat, 14 Feb 2009 04:49:11 +0000

If you go with Beans and Weenies (Franks and Dodd, just my pet names for these two brain surgeons) then wouldn’t you have to throw Nancy in the mix. The two goons do her bidding right? I mean when she says “jump” they say “not tonight , I have a headache”.

By: AmericanIPA

AmericanIPA — Sat, 14 Feb 2009 01:09:29 +0000

Who voted in this poll, or whatever it is?

By: 12 Gauge Rage

12 Gauge Rage — Fri, 13 Feb 2009 22:30:25 +0000

Notice that when you look at the number of votes, it’s the American consumer who got the most. As I’ve always said it’s people living way beyond their means. And they’re finally reaching the end of their cycle to where they can no longer get another credit card to slowly max out, nor borrow anymore money from family, friends, and financial institutions. It’s time for the irresponsible to pay the piper for his services but they’re short of the money to do so.

By: Jason Gillman

Jason Gillman — Fri, 13 Feb 2009 21:36:04 +0000

I found a story which also references the Roberson Lawsuit here:

http://www.mediacircus.com/200.....bad-loans/

Apparently I was looking back too far..

By: proreason

proreason — Fri, 13 Feb 2009 20:43:31 +0000

I’ve seen that before jason. After I posted once here about Theresa Kerry’s outrageous taxes in 2003, the original WSJ article disappeared within 24 hours from Google.

By: Jason Gillman

Jason Gillman — Fri, 13 Feb 2009 20:37:58 +0000

The whole scam seems to be disappearing piece by piece.. I am trying to find the original Chicago times article which describes Obama as a Class Action attorney for the firm Davis Miner Barnhill & Galland, sued the bank on behalf of an indigent home buyer, who by all accounts of the time couldn’t afford the home anyhow. The suit was based on racial profiling, though the bank insisted the neighborhoods were a high risk. In the end.. Citi capitulated and settled. will provide more documentation ASAP

This was not his ONLY job for the firm, but it seems the legal journal records concerning his efforts have now been removed from my favorite sources..

By: proreason

proreason — Fri, 13 Feb 2009 19:30:37 +0000

I’ve seem some credit The Moron with starting the whole scam to blackmail banks.

I’m sceptical, because that would mean he did something, and I’ve never heard of another tangible thing that he prove-ably did do……….other than flap his jaws, of course.

By: Jason Gillman

Jason Gillman — Fri, 13 Feb 2009 19:21:41 +0000

I would say that Jimmy carter is an appropriate place to start..

But even more recently that Carter, yet not quite to Clinton, was.. Drum roll please..

Barack H. Obama. The one and only, who as an attorney sued financial institutions such as Citigroup early in his career for “racial discrimination” in loan determining, bringing the reality of the hammer of government to the financial markets.

this guy has been working this crisis since the late 80s.

By: 1sttofight

1sttofight — Fri, 13 Feb 2009 16:49:01 +0000

Bush tried to right it several times, but Frank and Dodd would not let it happen.

By: proreason

proreason — Fri, 13 Feb 2009 16:34:20 +0000

Clinton is involved because he helped strengthen the Community Reinvestment Act.

But if you go back 12 years, why not go back to the Phonicians and the invention of money, or maybe to the first people that lived in cities?

The meltdown was triggered by Franks, Dodd and their kook allies who decided without any debate by the public to give money to deadbeats and call the gifts “loans”. And that was abetted by Greenspan’s decistion to keep interest rates artificially low, and by Franks and Dodd encouraging banks to cover-up their (Franks and Dodd’s) malfeasance by hiding the toxic assets in derivatives. When the market finally figured out the con, everything exploded……or more likely, the Soros ring of thieves took advantage of the knowledge to destroy the economy so their water boy would be elected.

By: Steve

Steve — Fri, 13 Feb 2009 16:28:57 +0000

“Bill Clinton is a stretch to I think.”

Bill Clinton started the ball rolling, even more so than Carter.

He repealed Glass-Steagall act:

Flashback: Clinton Repeals Glass-Steagall | Sweetness & Light
http://sweetness-light.com/arc.....zation-act

And, even worse, he “strengthened” the Community Reinvestment Act, which ratcheted up the pressure on banks to make bad mortgage loans.

By: David

David — Fri, 13 Feb 2009 16:22:02 +0000

Bill Clinton is a stretch to I think. Even if you place the blame on him for setting the ship of state on the wrong course it seems slightly more significant that no one righted in 10 years!

By: proreason

proreason — Fri, 13 Feb 2009 16:01:10 +0000

“Phil Gramm” – out of office for 5 years

Madoff? Madoff caused the financial meltdown??

It’s tempting to say the names were picked out of a hat.

But it’s more likely the names and order were provided by The Moron’s staff.

By: BannedbytheTaliban

BannedbytheTaliban — Fri, 13 Feb 2009 15:45:29 +0000

Soros is conspicuously absent.