More Obamacare fuckups

[Warriorbird]

The Subprime Mortgage crisis is just another example of how our government set out with the best of intentions (getting more people into their own homes) and fucked around with the most basic safeguards (Banks will not give loans to people that can't afford to pay them back) until it created an environment that caused the financial collapse. This wasn't "both" parties as you try to spin it.. this was the Democrat party, plain and simple.

I figured on you just targeting people but it was just the Democratic Party (while carefully skirting all Republican involvement, bank involvement, and citizen involvement and ignoring numerous events involved). I was wrong about you. I am not terribly surprised though.

Banks, Republicans, Democrats, and the public were involved. I can say it. Why can't you? That's right.

It is almost wantonly foolish to neglect the role of Glass-Steagall's removal.

Banks will most certainly give loans to people who won't pay them back even without guarantees. Look at our current automotive loan bubble for an example.

This was the first thing I saw when I logged in and I thought it was worded beautifully. I agree with you but I think there is something to be said for the way we export our own brand of globalization.

Countries who emulate American exceptionalism successfully, especially when building upon foreign investments, can be both flattering and terrifying, forcing us to look in the collective corporate mirror. Right now Im thinking of Chinas steel market and the current Chinese hydrotechnology projects in Nepal. Both examples could be described as reclusive corporate entitlement. The projects in Nepal bring to mind Monsanto with the rainforests. This example especially, speaks to the deeper point of corruption which some people in this thread are referencing.

I thought Parkbandit made this post for a second. In retrospect that is kind of hilarious. The question is whether we tap our collective potential strength or we smash it when we see ourselves in the mirror. I think we have to tap it. We certainly do self interested things that aren't good for other places though.