Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: MNJohnnie

Don’t you think there is a responsibility, at this point, in critizing the bankster’s business practices and investment instruments used to demolish their institutions? They crashed the US housing market with their dishonest loan games. They ended up shaking down the US Treasury to cover for their failing “free market” ruse and stupidity. They left the American people - property owners and taxpayers - holding the bag for it all!

The critizisms in this article may not be the correct ones and are probably are designed to serve an anti-capitalism leftist agenda. But I sure hope conservatives admit there is a problem and have some accurate takes on what went wrong in the banking industry and are ready to bust some failing and scamming politician and bankster heads if we get power again. We need to make changes that will ensure the success of free markets, protect the Treasury and the economy from future shake downs.

What do you think? I hope conservatives have questions and solutions they want answered and addressed in the aftermath of this economic crash and bankster shake down. There will be investigations and hearings into the banking industry and political corruption if Repubicans win the House.


21 posted on 08/29/2010 8:50:58 AM PDT by SaraJohnson
[ Post Reply | Private Reply | To 5 | View Replies ]


To: SaraJohnson

” The critizisms in this article may not be the correct ones and are probably are designed to serve an anti-capitalism leftist agenda. But I sure hope conservatives admit there is a problem and have some accurate takes on what went wrong in the banking industry and are ready to bust some failing and scamming politician and bankster heads if we get power again. We need to make changes that will ensure the success of free markets, protect the Treasury and the economy from future shake downs.

What do you think? I hope conservatives have questions and solutions they want answered and addressed in the aftermath of this economic crash and bankster shake down. There will be investigations and hearings into the banking industry and political corruption if Repubicans win the House.”

Goldman OWNS Obama.

Now that McCain has won, look for him to be the lead Republican to kill any investigations into investment banking crimes.

Look at the top ten contributors to Obama

Now look at McCains.

Note the similarities? ;-)


24 posted on 08/29/2010 9:00:34 AM PDT by stephenjohnbanker (((.Go troops! " Vote out RINOS. They screw you EVERY time" Jim Robinson)
[ Post Reply | Private Reply | To 21 | View Replies ]

To: SaraJohnson
Yes, there is a problem.

And it still hasn't been reformed.

A Government/Private organization called Fannie Mae and Freddie Mac, which both GW Bush and John McCain tried to reform, and which Democrats like Barney Frank stonewalled their attempt at reforming.

Instead of blaming the bankers for partaking in a mortgage back security market, blame the CREATORS of that Market, Fannie Mae and Freddie Mac.

So instead of regurgitating the Progressive Fascists lies about Bankers, try learning the REAL problem at the heart of the Housing Crash. Reckless US Government interference in the the private sectors lending practices.

Start by reading these

http://hnn.us/articles/1849.html

http://seekingalpha.com/article/85249-fannie-and-freddie-are-largely-responsible-for-the-housing-bubble

25 posted on 08/29/2010 9:05:16 AM PDT by MNJohnnie (The problem with Socialism is eventually you run our of other peoples money. Lady Thatcher)
[ Post Reply | Private Reply | To 21 | View Replies ]

To: SaraJohnson
I know, it really hard to let go of all the societal conditioning and deal with the facts.

For decades Americans have been brainwashed to hate and fear "evil corporate leaders" by Hollweird and TV.

Really hard to let go of the habit and deal with the world as it is, not as the Democrat Party's Progressive Fascist political/media machine would have you believe it is.

30 posted on 08/29/2010 9:58:23 AM PDT by MNJohnnie (The problem with Socialism is eventually you run our of other peoples money. Lady Thatcher)
[ Post Reply | Private Reply | To 21 | View Replies ]

To: SaraJohnson

Fannie and Freddie need to go. The problem with the Fed also needs to be looked into. Now I don’t want congress directly controlling the money supply (what a nightmare) but the Fed can’t be allowed to keep interest rates at obscenely low levels for years on end.

As far as the blatant corruption of politicians bailing out their friends and supporters - that’s water under the bridge. The past can’t be corrected; we can only move forward.


38 posted on 08/29/2010 10:15:34 AM PDT by eclecticEel (Life, Liberty, and the Pursuit of Happiness: 7/4/1776 - 3/21/2010)
[ Post Reply | Private Reply | To 21 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson