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 Monday, September 29, 2008

We typically refuse to get political on this blog; Since many of the out right lies have become the standard let's just look at the current crisis, and you determine who is lieing. The fact is that both Democrats and Republicans are responsible. They are responsible because everyone of them is guilty of taking this money but there is no doubt at all that the Democrats took much more money and their envolvment goes to the core.

Yet in the campaign the democrats are now claiming to be completely innocent! One should question having any of these people representing we the people of America. We can say we do not want more taxes like it or not we will get them. We can say that we do not want our country to become socialist! 

Chrisopher Dodd should never open his mouth and point fingers. One should ask how on earth he even retains his position?

While we are on that topic Before becoming Treasury Secretary, Henry M.Paulson was Chairman and Chief Executive Officer of Goldman Sachs since the firm’s initial public offering in 1999. He joined Goldman Sachs. Since it has now been exposed that Goldman Sachs has a 20 billion dollar exposure! Should one should give this man a check for 700 billion to manage!

Please how about getting fired, or resign and at very least turn his duties over to the assitant. To listen to this drivel about what they did not know, and when they did know it is nothinig more than lies. 

Face it all of congress and senate should be fired! None of these people have the American people's interest at heart. I keep waiting for someone to show the American people some level of justice.

Worldnetdaily:

10/13/2008 9:00:48 PM (Pacific Daylight Time, UTC-07:00)
Yes, Republicans and Democrats keep pointing fingers, when really on many levels are to blame: the mortgage loaners for loaning people more than they could pay, those people taking the loans for more than they could pay, people skipping out on their loans, levels of the government for approving said loan tactics for the mortgage loan officers and banks...the list can go on. No one is blameless, and hopefully whomever is elected will be able to turn around the economy before a depression really starts to sink in.
11/25/2008 8:55:19 PM (Pacific Standard Time, UTC-08:00)
I agree completely about Henry Paulson-it scares me to death he is getting the 700 BILLION dollars to manage, but couldn't manage Goldman Sachs ...
11/26/2008 9:40:20 AM (Pacific Standard Time, UTC-08:00)
One of the groups to blame for this is the companie that give ratings to the loans - these "bad" loans were package up and given an AA rating and soldon to other banks as "good" debt, which has put us in the situation where banks do not trust each other etc.
1/1/2009 3:23:55 PM (Pacific Standard Time, UTC-08:00)
Though I agree that the "bad loans" were part of the problem, you can't ignore the people that took the loans and were irresponsible with their money-at some point it is not just the bank's fault. Personal responsibility has to come in somewhere-the fact is hasn't shows that it is part of the problem.
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