Quote from mrbill:
To everyone on both sides. I really, almost, hope that Romney wins so that we can actually see if going back to all the same old crap, deregulation and all, social medieval nonsense, especially for women, works out for him. As a trader, might like to go back to free for alls, no transparency, easy money, but as a person, not so much.
Quote from pspr:
There is no truth in your statements to debate. You are just copying the party line from the democrap lies. And, of course, you probably believe those lies.
If you don't know what caused the financial meltdown you need to seriously do some reading from honest sources.
Maybe you should go back and read my opening post a little slower this time so you can understand what is said.
As I suspected. You have no idea what the root cause of the collapse was. You didn't know and weren't able to avoid it with your own investments. Good luck with your Fanny and Freddie investments although the worst is probably be over for them as the government created bubble begins to firm after the bust.Quote from mrbill:
Talking points? I know where you get your posts. As to the meltdown, since I was right in the middle of it, I understand all too well. I doubt you lost money on CDS's, I did. I doubt you lost money on derivative valuations and collapse, I did. And, to make things personally worse, I did not get a cent of the bailout money. So, all the frigging risk, none of the benefits.
So, I still think we need more transparency, especially from the gov't backed mortgages. I still have Fanny and Freddie, I doubt you do. If you think bundling up bad mortgages and selling them off in trade for other crapola, well, then the Brooklyn bridge comes to mind.
Wasting a Trillion on wars and Banking bailouts is ok, but helping Americans eat is bad? Not in the America I grew up in. I DO BELIEVE in WORKFARE, not welfare, but either way at least the money is spent in the U.S. not wasted overseas.
Quote from wjk:
Mr. Bill, would you be so kind as to post the prosecutions that we've had since this admin took power? You mentioned regulation earlier. You can start with MF if you like.
Quote from pspr:
As I suspected. You have no idea what the root cause of the collapse was. You didn't know and weren't able to avoid it with your own investments. Good luck with your Fanny and Freddie investments although the worst is probably be over for them as the government created bubble begins to firm after the bust.
Watch this and tell me it was the Republicans who caused the problem.
<iframe width="420" height="315" src="http://www.youtube.com/embed/63siCHvuGFg" frameborder="0" allowfullscreen></iframe>
Ha ha ha ha ha. Pleeeezeee, re-read my opening post. It only talks about the lies coming from the White House and the media picking up those lies and calling them truth when the evidence shows otherwise.Quote from mrbill:
Never said repub's were to blame entirely. Bankers, FED, and even the SEC were to blame IMO. I just don't see Obama as the person to blame for this.
And, don't worry about me and my finances, I'm good, but thanks. As they say, a million here, a million there, whatever. Just having fun.