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"propping up the up the largest capitalist corporations in a free market economy is SOOO socialist" you prop up a capitalist corp. in a free market? if companies are being propped up then it isn't capitalism and it certainly isn't free. okay, it's not socialism...fine. what do you call it. lets not forget about health care, banks and plans for energy either. we're looking at a larger theme not one specific act. divorcing yourself from the notion of dems good & repub. bad, would be helpful
right, propping up the up the largest capitalist corporations in a free market economy is SOOO socialist. call me when the workers revolt and GM's employees pay checks are signed by Obama! haha. you're an idiot
see andrew cuomo of HUD under clinton. see community reinvestment act under clinton, carter see house banking committee see barney frank, chris dodd, chuck shumer see fannie&freddie and what's their names now with obama see mccain from floor ask for investigation into fannie&fred see greenspan from floor ask for investigation into fannie&fred see bush 2002 budget where he ask for investiagation into fannie&fred
not everything that happens is going to fit your little template
The mortgage crisis that sent a shock wave through Wall Street and panicked world financial markets like no other since the stock market crash of 1929 is the PRIMARY reason we are in this mess (along with our deficit spending addiction) .This was a problem CREATED in Washington.. It originated with the Community Reinvestment Act (CRA), signed into law in 1977 by President Jimmy Carter
Ah yes government regulation like how we regulate business so much that we are no longer competitive in the global market.. When you ship most of your productive base out of the country and then try to fuel consumers with cheap debt they cannot pay back what do you expect?
The basic flaw in the US economy has and is excess consumption versus production and until the gov focuses on this core defect its all rearranging the chairs on the deck of the Titanic.
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prop up a capitalist corp. in a free market?
if companies are being propped up then it isn't capitalism and it certainly isn't free.
okay, it's not socialism...fine. what do you call it.
lets not forget about health care, banks and plans for energy either. we're looking at a larger theme not one specific act.
divorcing yourself from the notion of dems good & repub. bad, would be helpful
see community reinvestment act under clinton, carter
see house banking committee
see barney frank, chris dodd, chuck shumer
see fannie&freddie and what's their names now with obama
see mccain from floor ask for investigation into fannie&fred
see greenspan from floor ask for investigation into fannie&fred
see bush 2002 budget where he ask for investiagation into fannie&fred
not everything that happens is going to fit your little template
back to school rookie.
The basic flaw in the US economy has and is excess consumption versus production and until the gov focuses on this core defect its all rearranging the chairs on the deck of the Titanic.