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boomer
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8 months ago
in Spreading the Wealth on The Washington Independent
You're a complete moron. The DEMS are 100% responsible for the sub prime melt down that's caused that house and many others to be abandoned.
The likes of Barney Frank, Chris Dodd, and of course Obama's good friend Raines (Fannie Mae- 6 yrs and he took 90 million bucks from that) running Fannie into the ground.
Spreading the wealty is Socialism and it DOES NOT WORK!!!!!!
Your thinking is totally warped by the MSM!
show all 3 replies
The likes of Barney Frank, Chris Dodd, and of course Obama's good friend Raines (Fannie Mae- 6 yrs and he took 90 million bucks from that) running Fannie into the ground.
Spreading the wealty is Socialism and it DOES NOT WORK!!!!!!
Your thinking is totally warped by the MSM!
3 replies
ajm8127
good point...wait...there's is no factual evidence at all here!
concerned citizen
the Dems are not fully responsible, the GOP is just as guilty, it is Greed all of the way around
do some research
look up
The Glass-Steagall Act of 1933
this was put into place to prevent the exact melt down we are having and it was systematically taken apart first by the regan administration and then finally by a republican senate in 1999
look up the Depository Institutions Deregulation and Monetary Control Act passed in 1980,
the Garn-St. Germain Depository Institutions Act deregulating the Savings and Loan industry in 1982,
and the Gramm-Leach-Bliley Act in 1999.
The banking and Insurance industries don't care what kind of politician they are buying as long as they pass laws in their favor
if a few Democrats made a profit off of it they were just standing in line
well regulated capitalism is NOT socialism
selling our country to foreign investors and continuing Deficit Spending as a national policy is suicidal
do some research
look up
The Glass-Steagall Act of 1933
this was put into place to prevent the exact melt down we are having and it was systematically taken apart first by the regan administration and then finally by a republican senate in 1999
look up the Depository Institutions Deregulation and Monetary Control Act passed in 1980,
the Garn-St. Germain Depository Institutions Act deregulating the Savings and Loan industry in 1982,
and the Gramm-Leach-Bliley Act in 1999.
The banking and Insurance industries don't care what kind of politician they are buying as long as they pass laws in their favor
if a few Democrats made a profit off of it they were just standing in line
well regulated capitalism is NOT socialism
selling our country to foreign investors and continuing Deficit Spending as a national policy is suicidal
