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10 Comments
volumptuoussays...Awesome. I haven't seen this speech before. Thank you fora!
biminimsays...SLAM that barn door good and shut, Barney! Oh, wait: the horses are already in the next county. Snap!
quantumushroomsays...Blarney Frank was one of the taxocrat architects of the Frannie fiasco, built on the back of "genius" Jimmeh Carter's Community Reinvestment Act, another government welfare program encouraging reckless housing loans to people who couldn't afford them (and yeah, the weasels were well aware the poor couldn't afford them).
Government meddling encouraged the "risk-free" stupidity in the first place, then threatened the banks in the 90s to keep it up or else, but now that the scheme has collapsed, Blarney the Socialist Clown has the GAUL to claim the very idiots and charlatans who CAUSED the problem are going to POLICE the market.
These power-mad parasites can couch their thievery and thuggery in the poetry of "helping the people" all day long. The reality is government is nothing but raw force that produces nothing, creates neither jobs nor wealth, and the few things it's authorized to do by law it doesn't do well.
There's a reason the Founding Fathers feared government power and shackled and divided it with the Constitution. Too bad modern intellectuals are too smart to see it.
When Obama's new trillion dollar "infrastructure" boondoggle begins, he'll find the roads have already been paved with good intentions, all of them leading to Hell.
Engelssays...http://www.villagevoice.com/2002-01-15/news/phil-gramm-s-enron-favor/
Say it with me, quantum. CREDIT DEFAULT SWAPS.
CaptainPlanet420says...*lies
siftbotsays...Adding video to channels (Lies) - requested by CaptainPlanet420.
jonnysays...Cap'n - read the channel description. It's not for vids which you personally think contain inaccuracies or historical misrepresentations.
*nochannel *worldaffairs *politics
siftbotsays...This video has been removed from all channels (Worldaffairs, Lies, Politics) due to invalid channel assignment - nochannel invoked by jonny. Please review the FAQ to learn about appropriate channel assignments.
Adding video to channels (Politics, Worldaffairs) - requested by jonny.
Farhad2000says..."Government meddling encouraged the "risk-free" stupidity in the first place."
As always QM spouts more shit then the fertilizer industry i mean wow that is a work of guiness really, there are so many false assumptions and generalizations in that paragraph that to start to break down everything you said would be a wasted and futile effort since clearly you been indoctrinated to a point of no return.
The economic crisis is never the fault of high powered free market institutions! Oh no its the government!
You know the same government that has been lobbied into deregulating finical markets to the point where the FED,FCC, SEC and FDA are no longer regulator bodies but active participants in helping private business interest leverage profit over economic and social security.
Enron, Madoff, Sub prime markets! All the fault of the evvvil government! MY GOD WHERE IS REAGEN WHEN WE NEED HIM MOST?
volumptuoussays...>> ^quantumushroom:
When Obama's new trillion dollar "infrastructure" boondoggle begins, he'll find the roads have already been paved with good intentions, all of them leading to Hell.
Man, you must be a bummer at parties.
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