Wow! This was good.
O'Reilly talked to Barney Frank in the only language he understands- Screaming.
It was great to see the Dem Rep put in his place for his role in the mortgage crisis.
Wow! This was good. O'Reilly talked to Barney Frank in the only language he understands- Screaming.
It was great to see the Dem Rep put in his place for his role in the mortgage crisis.
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the more the USA moves left (and into the abyss of obamacare), the more you see capital fleeing the dollar. Last weekend the senate sealed the dollar's face at least for the foreseeable future....
Your so wrong. Every other country in the industrialized world has stronger left wing parties. Your conservatives are the exception in having as much power as they do. Look at the strength of your middle class as a result... as compared to say, the middle class of any other industrialized nation.
Both Dems and Republicans are frauds, but FNM et al, is full of liberals who PRETEND that they are making the American Dream of Home Ownership come true for the FICO 500s.... but with the understanding that a bad mortgage has value on the securitization market.... :)
The only possible govt in the USA is about 50/50 stalemate so they cancel each other out. An all Liberal govt will collapse the currency / an All Repub govt will outsource every job above waiting tables and mowing grass
You cant make the case that everyone ran out to buy stock based on the gassings of this fat phag... reckless lending went on bc in the event of default, the underlying value was GREATER than when the mortgage was first created... via securitization, CDOs, etc - rising collateral value no matter how subprime the BBB tranches are. When they ran out of poor people to give mortgages to, bankers created a synthetic CDO so they could keep going....
@mvbeckril Hahaha, he didn't start the financial crisis. Most financial and legal experts do not find any empirical evidence that the community reinvestment act actually lead to high-risk lending. Lack of regulation (allowing institutions to sell off their loans and avoid default risk, letting institutions over-leverage, etc) is what actually lead to the crisis.
I like how most criticism of Frank is based upon the way he talks. Conservatives are children.
Don't forget the part average American citizens played in the crises. They're to blame just like the institutions. O'Reilly's problem with Frank makes sense to me. The guy said going forward he thought things were going to be fine and yet he's unwilling to take any responsibility when things didn't. Investors are supposed to be able to trust guys like him. The LEAST he can do is say he was wrong but.
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It always scares me when I remember that there are people who take O'Reilly seriously.
The only possible govt in the USA is about 50/50 stalemate so they cancel each other out. An all Liberal govt will collapse the currency / an All Repub govt will outsource every job above waiting tables and mowing grass
I like how most criticism of Frank is based upon the way he talks. Conservatives are children.