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2010-04-16 Home Front: Politix

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Posted by Fred 2010-04-16 00:00|| || Front Page|| [4 views ] Top

#1 How delusional is she?

The government decided that there should be no limit to the amount of credit in it's currency area (turning it into a commons).

The government loved all the tax this generated.

Bad money crowds out good, so as you bump up the supply of credit, those who invest HAVE to choose riskier and riskier uses.

The problem is simple. There's FAR too much credit swimming around the economy, and it's the fault of politicians.

Posted by Bright Pebbles 2010-04-16 03:50|| 2010-04-16 03:50|| Front Page Top

#2 I look at Queen Nancy and it seems no one is home. It's not Wall Street that regulates, passes laws, and establishes policy. Subprime loans and derivatives were the time bomb created by Congressional and the Federal bureaucratic policies. Who came up with the idea, that everyone should have a house with no job, no money down, and no means to pay?

Posted by JohnQC 2010-04-16 08:56|| 2010-04-16 08:56|| Front Page Top

#3 "Never again should those who are reckless on Wall Street cause people to be jobless on Main Street..."

That's Congresses job!

Posted by Formerly Dan 2010-04-16 11:59|| 2010-04-16 11:59|| Front Page Top

#4 Queen Nancy's doing her patriotic duty in building up the wrecked reputation of Wall Street by engaging in public persecution of that currently-hated institution. Only her intervention could possibly redeem the financial industry's bankrupt public relations.

Posted by Mitch H. 2010-04-16 14:15|| http://blogfonte.blogspot.com/ 2010-04-16 14:15|| Front Page Top

#5 I'm sure the Donk's are going to return all the campaign contribution monies derived from the ill gotten gain.

Posted by Procopius2k 2010-04-16 15:28|| 2010-04-16 15:28|| Front Page Top

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