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Where he published the article is funny. Who cares about theories? A pox on all their houses. His core observations are unassailable: * The bankers' pursuit of
by teeja 17y ago
Where he published the article is funny. Who cares about theories? A pox on all their houses. His core observations are unassailable:
* The bankers' pursuit of self-interest (greed) did not lead to the well-being of society
* It certainly did not serve homeowners who are losing their homes, workers ... retirees ... or taxpayers.
* Those who had preached fiscal restraint when it came to small welfare programs for the poor now clamored for the world's largest welfare program
Our 'leadership' has failed us repeatedly. The appropriate response is obvious.
- anamax 17y ago> Those who had preached fiscal restraint when it came to small welfare programs for the poor now clamored for the world's largest welfare program What are you babbling about? The folks that brought us the financial crisis did claiming to be fighting poverty. Why do you think Fannie and Freddie were created and lied about mortage quality?