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what bothers me is that the politics of the left works, it is as if the past never happened and barney can say whatever he wants - and it sells! people are just too lazy or hate republicans too much to give a damn. yeah and he feeds off those bottoms too

I think YOU have a political bias - while I'm more interested in philosophy, specifically epistemology. I don't see you fun-loving-please-don't-be-too-serious as a "grownup" - but that might just be my personal opinion. Your Barney Frank thread shows how grown up and funny you are. NOT...

I think this thread and poll is moronic, you should win the captain obvious award for it. I sense the reason for it is so that you can beat your chest as the one person here without a bias and/or agenda. Your opinion contains a lot of arbitraryness, get over it, grownups know better

you are just pushing your point of view, but with a twist, you take yourself way more seriously than you deserve

I really hate this guy, I guess Harvard didn't teach him integrity. From a september 2003 House hearing on the problems creeping up at Freddie and fannie: Rep. Frank: Let me ask [George] Gould and [Franklin] Raines on behalf of Freddie Mac and Fannie Mae, do you feel that over the...

All hail Gringinho, the great purveyor of truth and source all knowledge! I gotta ask, what kind of pompus ass in love with his own intellect comes in here complaining about people with an agenda and/or bias? Everyone has some sort of bias or agenda you moron, and yours is quite obvious.

Invade Iran and inject liquidity? wtf kind of idea is that?

As of today, 5 of 7 have fallen > 50%. hey I love 50% down room to go

Ben may need to save a little credibility for later, it can get worse than this.

I wonder what would happen if all the swaps were suddenly declared null and void? just a random thought. in 100 years all this institutional knowledge will be gone, we will all be gone, and something similar will happen again.

less corruption- that's a real laugher. Look at the mess that egalitarianism brought to sweden. Of all the folks we rationalize guilt upon, the buyer, the broker, fannie, banks, whoever, think about who should have been the biggest 'grownup' here. Whoshould be held to the highest standards...

don't happen in Europe? they have plenty of financial crisis in their recent history, the only difference is that there the government is usually more involved. Check out Sweden in the early 90s for one.

Quote from runningman: please, please read this post: http://bigpicture.typepad.com/comme...derstandin.html "It's telling that, amid all the recent recriminations, even lenders have not fingered CRA. That's because CRA didn't bring about the reckless lending at the heart of the crisis. Just...

There was no oversight by the government or the financial industry. Furthermore the real money to be made by investment banks was in the unregulated derivatives, which grew to be larger than the regulated market. The pure idiocy of the financial government overseers were riding a pony which...

well runningman, what can I say but you are an idiot. If you can't follow the logic of what has been said, but instead must create your own pathetic strawman version, then you are just a dumb political hack. Or maybe the cognitive dissonance is just too much.

gnome, What's really amazing is the politics, the democrats will disown everything they did as if it never happened, and it will sell!

Exactly! You can blame the democrats or the republicans - and you should all fill your heads with details of who to blame, details on political bickering - and don't you stop to see the bigger picture, because the main stream media will fill in your blanks of your brain within your skull and...

In the blame game though I have to ask what was the catalyst, after all subprime people were not clamoring for mcmansions in the 80's, so what changed them? I think the only reasonable answer was the 1995 revisions to the CRA by the Clintonites. That started banks looking for subprime, which...

Check out this 1999 New York Times article: http://query.nytimes.com/gst/fullpage.html?res=9C0DE7DB153EF933A0575AC0A96F958260&sec=&spon=&partner=permalink&exprod=permalink "Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the...

You can't blame bankers who were ceorced by race politics, and many of them were. And you have to lay most of the balme with the democrats as well as the poeple who took out the loans. MR. LUDWIG'S idea of ending discrimination is for blacks and whites to have the same rejection rates...