Politics
Politics
Out of context: Reply #5703
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- TheBlueOne0
"Fannie/Freddie and the Dems, aka Barny Frank and Harry Reid created/aided this meltdown."
Oooh! Someone drank the koolaid. Why don't you look up Li's Copula formula and see how that relates to how financial institutions invested capital the since about 2000 and you get back to me. See, because obviously unregulated financial institutions investing huge sums of money worth many times over the actual GDP of the fucking planet into highly leveraged capital that their analysts got all wrong had absolutely nothing to do with it.
It was two government backed mortgage firms, poor people and two democrats brought the fucking world to it's knees. When you get closer to reality you send me a postcard.
- I read about that on the plane yesterday. Very interesting insight into the whole mess.********
- I agree in part with what your saying here. HOWEVER, YES, Fannie/Freddie, Gov and poor are much to blame.********
- Blame? They were canon fodder. But you probably blame the privates for the general's bad strategy...TheBlueOne
- I read about that on the plane yesterday. Very interesting insight into the whole mess.