Politics
Out of context: Reply #1944
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- TheBlueOne0
Where a percentage of questionable loans made thanks to these programs? Sure. Is it a majority of all the bad housing & commercial loans made in the last decade. I think not.
Did the government tell private financial firms to split them, bundle them into packages, sell various CDS derivatives against them? Did it tell credit rating agencies to give these bundles top triple A credit scores? What a fucking joke.
Was there an atmosphere of "Ownership Society" run amok? From the White House speech writers down through insanely stupid low rates and credit lines on credit cards to "Flip This House!" mania on TV? The whole system was primed on greed to take this opening (thanks Phil Gramm!) and run it into the fucking ground.
Yeah, let's blame ACORN and the poor people for that.
What a fucking joke. The rich took advantage, as they always do, of the poor..and then they send in their clean up propaganda crews afterwards. It's the classic - "Well the slut was wearing a miniskirt! She was askin' to get gang raped!" defense.
- Only rubes and losers ever have to deal with "free markets." Winners are too big to fail ...
TheBlueOne - I think you've been skinny dipping in the liberal propaganda pool TBO. The rich taking advantage of the poor?tommyo
- If the poor victims hadn't used their houses as ATM's, done 1 hour of reading before signing bad loans then this would ..tommyo
- all be some liberal success story. Gov AND greed did this, the poor victims belong in the latter category. Responsibility.tommyo
- I place more of the blame on government than I do on the easy scapegoat rich. Funny how you're fine makingtommyo
- blanket statements about the 'rich.' The evvvviiil rich always stealing from the poor. Give me a fucking break.tommyo
- I love how you always defend the rich, you broke motherfucker.DrBombay
- Only rubes and losers ever have to deal with "free markets." Winners are too big to fail ...