Story Comments
Posted by: simonsez 1 year, 7 months ago
This page is a permanent archive of the comment below and its replies.
To view this comment in the context of the full discussion for the story, use this link.
-
0%
simonsez1 year, 7 months ago
This comment is below the standard viewing threshold View It »
Not much of a "gotcha" in my opinion.
Paul is a pretty smart kid and sourced his essay very well.
Trying to compare the times and circumstances of the two situations, plus claiming the same conditions caused both is absurd. The sub-prime debacle is a hiccup compared to what the country endured back then, although both were driven somewhat by greed and leverage.
I love it when Libs claim that "a friend was listening to Rush while he was in the car yesterday". LOL
Reply-
100%
donald511 year, 7 months ago
This comment is below the standard viewing threshold View It »
simon, you got the greed and leverage (speculators) right - the repug led governemt got us into the Great Depression just the like the former Repug Congress and Dumya have gotten us into this one. Then add the Bush debt of 11 trillion when he leaves office... our grand children will never recover!
The Bush FEC in 2004 dropping the requirement for collateral to back up wall street transactions. The Repug congress passed the Bush energy bill that threw out all the anti-monopoly acts of the 1930s - so now you see those big oil commercials where they control yur whole energy market while they lie to you about investing in alternatives! Dumya's further signing statements to drop further governemt regulation ans protections... much more... such a long list when Dumya has politicized everything!
Reply
-
loading ...
tanglang
DaneL
libsRfunny
nightschase
bruhaha
Post Reply
You are not signed in to Propeller.com. Please sign in to post a reply.