-
Website
http://www.americablog.com/ -
Original page
http://www.americablog.com/2009/09/does-sarah-palin-realize-how-bizarre.html -
Subscribe
All Comments -
Community
-
Top Commenters
-
Rob Mule
3337 comments · 78 points
-
Steve_in_CNJ
3410 comments · 788 points
-
tlsintx
4391 comments · 298 points
-
Indigo
5931 comments · 675 points
-
John Aravosis
2959 comments · 1001 points
-
-
Popular Threads
-
More about the Yule Goat
12 hours ago · 14 comments
-
Plane incident update
1 day ago · 29 comments
-
Obama now says he didn't campaign on the public option. The Google says he did, a lot.
3 days ago · 117 comments
-
Obama on the health insurance bill
2 days ago · 75 comments
-
How Barack Obama undermined the Obama presidency
5 days ago · 181 comments
-
More about the Yule Goat
Or should I ask who is sleeping with her?
It's particularly hilarious to hear her praising Reaganism and Thatcherism at a time when the US and the UK are in economic turmoil because of the idiotic corporatist policies of Ronnie and Maggie.
This is just part of the program to prep her for a run in 2012.
http://rawstory.com/blog/2009/09/delegates-walk...
B:Lack of regulation caused the mess
(Hong Kong Garden, Siouxsee and the Banshees)
WilliamBanzai7
Hair brained nitwit flying here
Spreading necon garbage everywhere
Heaps of GOP brain disease
While the trailer trash population feeds
That junky GOP mama floats on polluted political water
An old custom to sell your daughter
Letterman you like number 23?
Leave your yens on the counter please
Hong kong nut house warden
Tourists swarm to see her face
A CLSA meeting is a puzzling place
Disoriented she enters in
Unleashing scents of wild moose and gin
Slanted eyes meet a troublesome surprise
A political gal with brains smalleer than dim sum size
"Oh, have some Chicken chow mein and chop suey guys"
Hong kong nut house warden puuuuulllease take her away
Hong kong nut house warden
About 30% of the MBC on books of were overvalued but were thought to be safe because they were backed by the Federal Goverment. Many of that portion were low interest loans that banks had to make due to the congress and the executive branch's increased pressure to enforce a law the went back to the Jimmy Carter 70's--community reinvesmtent act. Additional pressure came from regualtory agencies that could block financial companies ability to grow by stalling licenses and permits.
Both parties had a hand in this but one got blamed more that the other because they were in power during last 12 years.
When the ecomomy slowed, as usually happens after a boom, the low cost loans were defauled upon and the MBS not only lost value but worse--could not be valued because the good debt was packaged with the bad debt.
The fed also had a role when they kept intrest rates artifically low and overight was completely lacking. This was likely because the best finacial talant works on Wall Street and nerds go to work in study hall--just like high school.
The Financial companies got thier goverment guarantee--either party would have eventually passed some version of the Tarp bill --but it came at a hell of a cost.
Foreign goverments that though they were buying safe real estate securities got burned worse than our banks.
Blamming it on greed is like blaming plane crashes on gravity--greed goes back to BC and it is always with us.
The lack of regulation argument ignores that fact that There are 15 cabinet departments, nine of which control various aspects of the U.S. economy. None of these went away when republicans took congress in 1994.
Some have pointed to to the repeal of Glass Steagall Act --another bi-partisan bill signed by Clinton but the more serious falilures occured in the brokerage houses--it was Lehman that "broke the bank".
My guess is that is what Sarah Baracuda was alluding to.