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CalifBill CalifBill is offline
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Default Obama fails to get Nobel Prize in Economics


"nom=de=plume" wrote in message
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"CalifBill" wrote in message
m...

"nom=de=plume" wrote in message
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"CalifBill" wrote in message
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"nom=de=plume" wrote in message
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"CalifBill" wrote in message
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"wf3h" wrote in message
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On Oct 12, 12:23 pm, John H wrote:
On Mon, 12 Oct 2009 11:40:01 -0400, Jim wrote:
wf3h wrote:
On Oct 12, 10:55 am, Canuck57 wrote:

His achievement was $1.3 trillion debt-corruption-spend in only
8
months. Guinness Book of records material perhaps?-

what's really a record is how quickly george bush and his rich
free
market friends stole my 401K

So sorry for your loss. Too bad you don't have at least some
control of
your 401. You might look at fixing that instead of blaming the
boogyman.

He has blamed everyone *but* the person responsible for his terrible
loss - himself.

really? i caused the collapse of the economy?

well let's tally up shall we?

the right wing believes i personally am responsible for the collapse
of the economy

it also believes obama's been president for the last 8 years

and on that basis it thinks it has everything figured out..

no wonder they got their asses handed to them in the last election

It started under Clinton. Bush did not help the situation. But
Clinton wanting to make sure of his reelection partnered up with
ACORN and gave the OK for lots of loans that were not able to be
repaid. Paulson and Wall Street jumped on these loans and turned them
in to bonds, gave them a AAA rating and sold them to the 401K's, etc.
The next foreclosure wave is starting. The $500k homes. people
making $50k a year can not afford the loan on a home 10x their
income. Clinton's appointee Raines, should have had to return all the
stolen money, times maybe 2x and gone to jail. but the Justice dept
under the Executive branch cuts a deal with him for the return of $5
million and lets him keep the $95 million.

You should really drop the ACORN nut. It's stale and has no
nutritional value. It's an empty shell of an argument. Ok, enough puns
for the day...

--
Nom=de=Plume


Can not drop the nut. Is a critical part of the disaster.

Come on... it's kind of looney to blame everything on one relatively
small organization. If you want to pick something to blame, pick Fox.
They're just a noisemaker for the right-wing, but lots of people just
listen to them.

--
Nom=de=Plume


Not just Acorn, but the pandering to it to get out the vote for the one
in power. Changing the rules on loans, so those in power at the time,
could buy votes. The melt down was the fact that the loans were made to
those who could not afford them. Then they were sold by Wall Street, the
same people who got the bail out "stimulus", as AAA bonds. Those who
packaged them and rated them should be in jail. but nope, Paulson and
his buddies are sharing billions of bail out bucks as bonus money. But
ACORN was the major reason for the loan changing. FreddieMac/FannieMae
buying all loans.


In your opinion... people tend to leave that part out when they can't
actually show established facts.

--
Nom=de=Plume


Not just my opinion.