Quote from mahram:
I dont understand why americans can't admit that they messed up the whole world economy?
Quote from mahram:
I dont understand why americans can't admit that they messed up the whole world economy? You have people on air going, we didnt do this. Then when you talk to them on what caused it, they go subprime, derivitives by american banks and consumers. Is it just plain denial. I dont know why people cant just fess up to thier mistakes. It kind of reminds me of how cnn got the senator on his lie, but even those he was caught, he couldnt fess it.
Quote from Rabbitone:
Every generation born to this earth from the beginning of time is told by their parents that there are evil groups out there who are waiting to destroy them. These children are told they must spend part of their lives preparing to stop these groups from taking over their turf. Those among them who grow in stature politically and in wealth commercially use this knowledge against the populace.
Politicians and the rich from the beginning of time realize the only way to keep their power and wealth is to throw âstonesâ at those who are or who appear mightier in any way using what is called the âblame gameâ. They discovered by redirecting hatred to another known group it absolves them of wrong doing or ineptitude of their own part. This casts off the responsibilities from them and allows them to continue to trample the peasants and traders under foot all the while masking the true problems and their inadequacies.
Medias in last century have twisted the âblame gameâ to levels not seen in centuries. We now see characterizations of individual citizenry from each country as causing the ills of the world. The American is a rich financialist who loves destroying the world economy. The Saudi or Russian loves to choke off oil movement to the rest of the world especially to the U.S. and Europe. The Iranian is a nuclear fanatic who wants to start WWIII. The Chinese are out to destroy world industry and keep it for themselves. It is no coincidence that the rich and powerful who own large media produce these kinds of characterizations.
For the next 100 years it is going to be critical how the blame game is played with the world population at 6.77 billion and growing. America having reached its peak of economic and military power, but now on the down slope, will continue to be a prime target for every political jackal and media mogul in the world. America will be seen by all as the corrupt giant that is fleecing the world. Examples such as this will be the only way to keep a world population in check as its resources are depleted. Hatred, Riots and Wars will be the norm as politicians and the rich increasingly channel off levels of frustration in any direction that works with their populace to avoid anarchy and collapse of their governments. Remember governmentâs role is to keep government going and not to support the populace.
Traders are the most emotionally controlled group in business. Which leads to the question âWhere does all that pent up emotional energy go to?â Well I think I found it all being released in this thread playing the blame game. This blame game the politicians and the rich play is no different than in trading. It is far easier to blame what is external than to take a deep look with in ourselves or our country and see the real truth.

Quote from achilles28:
The average American has nothing to do with it. It was the banks.
And the Banks won't admit to shit, because they've been a rogue-criminal outfit, all along!
But yes, it was American Banks and Wallstreet who did this. They're responsible.
But they won't be held accountable!
Can somebody explain WHY?
Ownership of the Federal Reserve System wouldn't have anything to do with it....would it??