quote:

ORIGINAL: brainiacsub

Thomas, in another thread you tried to argue with me that it was the loans themselves, and not the shit that Goldman did that caused the financial collapse. This activity by Goldman was the topic of the Frontline special I gave you a link to and asked you to watch. AIG was doing the same thing, as was Lehman, Bear Stearns, JP Morgan and Citicorp. The Republican Congress was warned in the 90s that this activity would collapse the financial sector given the right circumstances. You made no effort to try and understand this. Once again, this is not about the regulation or its timing, this is about your hated for Obama. You have been given all the information you needed from me and others to connect the dots, but you insist on connecting them through Obama. His agenda is the nation's agenda and if Greenspan and others had listened to Brooksley Born in the 90s we wouldn't be talking about this now.

quote:

ORIGINAL: brainiacsub

E,

He is absolutely convinced that Obama and his ilk, who wanted to give loans to poor people, is what caused this crisis. He listens to right-wing fear mongers who spew this bullshit about Wall Street regulation being code for Obama's Marxist agenda to take over the banks. I don't think any facts or reason to the contrary will change his mind.

quote:

ORIGINAL: brainiacsub

Fine Thomas...it's a free country and you can choose to be ignorant if you want.

quote:

ORIGINAL: Sanity


Thats a matter of perspective, of course.

It must be nice to feel you're the one with all the answers, braniac.

quote:

ORIGINAL: brainiacsub

Fine Thomas...it's a free country and you can choose to be ignorant if you want.

quote:

ORIGINAL: Brain

I think what's unfortunate is the SEC doesn't have authority to prosecute criminally. In addition many state attorney general's would like to take action but the right to do so has been legislatively taken away from them by the feds.

quote:

ORIGINAL: brainiacsub

Are you talking about Spitzer or Sanity?

quote:

ORIGINAL: Sanity


I wonder if Obama is going to return the $994,795 in pac money he got fro Goldman Sachs.

http://www.opensecrets.org/pres08/contrib.php?cycle=2008&cid=N00009638

quote:

ORIGINAL: Sanity


You ran away from that argument as I was in the process of exposing Frontline's laughably fraudulent tactics, and I find it extremely disingenuous of you to try to resurrect your ridiculous talking points here after that.

You said you wouldn't argue it anymore, remember?

http://www.collarchat.com/fb.asp?m=3155556

quote:

ORIGINAL: brainiacsub

Thomas, in another thread you tried to argue with me that it was the loans themselves, and not the shit that Goldman did that caused the financial collapse. This activity by Goldman was the topic of the Frontline special I gave you a link to and asked you to watch. AIG was doing the same thing, as was Lehman, Bear Stearns, JP Morgan and Citicorp. The Republican Congress was warned in the 90s that this activity would collapse the financial sector given the right circumstances. You made no effort to try and understand this. Once again, this is not about the regulation or its timing, this is about your hated for Obama. You have been given all the information you needed from me and others to connect the dots, but you insist on connecting them through Obama. His agenda is the nation's agenda and if Greenspan and others had listened to Brooksley Born in the 90s we wouldn't be talking about this now.

quote:

ORIGINAL: Sanity
Barney Frank and Chris Dodd, Democrat Senators, forced the banks to give loans to people who couldn't afford to repay them. Thats what begat the entire sub prime mortgage disaster in the first place, the notion that everybody deserves a house, even if they can't afford one.

quote:

ORIGINAL: lobodomslavery

Some of the bankers should be in jail. They got us into this mess in the first place.
Kevin

quote:

ORIGINAL: Sanity
But look into the favored loans that Countrywide gave to many of our national politicians, tazz, and the legislation that followed.

And look at who is investigating those and every other breach of ethics... and how the investigations are going nowhere - even though these massive and gross violations are public knowledge. AND how all of this is going unreported by the media whores who are in bed with this administration.

But if I see whats going on anyway, why - god forbid! I'm a partisan.

Oh my!!!

quote:

ORIGINAL: tazzygirl

Get a mortgage.. see how fast they insist.  You want to drive, gotta have insurance.

quote:

ORIGINAL: Sanity

Sometimes you have to call BS bestbaby

It would be a huge mistake to elect the people (the Democrats) who caused this mess into more power, and that's precisely what we're on the verge of doing. President Bush tried hard to stop this meltdown years ago only to be shouted down by the very party who now tries to blame him for their mess...

quote:

ORIGINAL: bestbabync

[image]http://www.collarchat.com/micons/m27.gif[/image]i hope someday one of you guys will remember what i have been saying here. 
our country is in for a world of hurt!  i want our next president to cut, i mean slash that damn federal budget.  have any of you looked at how much u pay in federal taxes????  what i pay a month can pay my mortgage!