Quote Originally Posted by Warriorbird View Post
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.
The banks are not in the business to lose money. It's really naive to believe that they would give loans to the degree they did with the mortgage crisis to people who they know can't pay them back without some safety net given to them by the government. The safety net in this case was Fanny and Freddie Mae.


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.
I find it hilarious that a "teacher" can't distinguish the word "Parkbandit" from the word "RojoDisco" even with 2 distinctly different avatars.

So, English and American History aren't the subjects you teach. Let's hope it's Basket Weaving or Knitting 101... for our children's sake.