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@911thegreathoax A step-by-step process. Stepping around Glass-Stegal, then finally repealing it, bi-partisan + Phil Gramm + Rubin. Bush's "Ownership Society" asked Fannie Mae to increase buyup of subprimes from $2 Billion in 2000 to $448 Billion, 22400% increase, plus "simplifying paperwork" for buyers = gutting mortgage regs. Gutting regs for Credit Default Swaps and other derivatives, on credit card debt, corp debt, MB securities.
How was ALL that and MORE not precise recipe for meltdown?
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- Romantic Brothers - FLOWERS - ! U must to listen this great i-tunes smash! Hilarious! About politics, economy & war! Real situation song.
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The world can let AMERICANS Now Come to OUR COUNTRIES, They TREATED IMMIGRANTS SO BAD FOR SO MANY YEARS AND NOW THAT THEY ARE IN CRISIS they want to move out of AMERICA!
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jealous of america ?
HAHAHAHAHAHAHAHAAHAHAHAHAHAHAH
AHAHA RETARD, u must de stupid.
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Ha....well..China unfortunantly has a massive employment meltdown....20 million in the last few months..and 100,000 factories shut down..they are collasping under the weight of a massive population and a lack of logistics and agriculture to support them...you people have always been jealous of America...and you still are...you collapsed 20 years ago..and you are collapsing again...your government just past the largest stimulas in history...3 times the size of the USA when compared to GDP
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Weeeelllllll...I saw several documentarys about Russia and the Ukraine....stealing money and using criminal Mobsters to make people work with-out pay...and bribing the governments....shame....that you allow that...
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How could they had solved the crisis better? Instead of just spending money they could have worked together and created a global monitoring system. What systems need to be integrated for this to happen and who will finance it? Is the crisis an example of bad management or obsolete business practices?
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i saw a documentary on tv last evening,
it was about a movable medical centre who helps
poor people who can't afford much needed medical
help, like doctors without borders who go to africa and other 3rd world countries.
exept it was in the usa, and it was so buisy
they couldn't help all the people who came.
you americans are sickening, disgusting.
the filth of the planet.
you people have no honour, just a lot of money that will be worthless soon.
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You people only talk about financial crisis, wars, killing millions of people around the world, and about introducing a socialist financial sector.
Why don't you people first help the millions of poor American families that are trown out of their homes and living on the streets? Shame!
Ron Paul is right on the money.
Vote third party.
cdalelefty 3 years ago 5
Yep. America is truly fucked now. There's no way to pay for this bailout! NO WAY!
The taxpayers, losing their jobs, and having to deal with hyperinflation will not be able to pay for this huge "Corporate Welfare Deal."
They have finally fucked up America for good; and there's still the housing crisis - getting worse everyday.
Hard times are ahead for everybody.
That's what all you dumbasses get for snoozing while the Nazis hijacked America. Now you're all fucked.
Well. You were warned!
911thegreathoax 3 years ago 4