7 Feb
2013
7 Feb
'13
8:54 p.m.
Putting the cart before the horse. Obviously banks were more or less FORCED into delving
out loans to those who couldn't pay them back. But if the do good granny state
LIBERALS would have stayed out of the business of deciding who should own their own home
(that would be everyone), things wouldn't be anywhere near as messy as they are. An
add to the mix an administration who is running ads in Mehico explaining how people can
get food stamps and whatnot once they get here. Can you say, anyone, high crimes and
misdemeanors? Too difficult? How's about TREASON!!!
Yes the banks and the suits and the boogeyman are culpable. But I'll repeat if they
were left alone and allowed to do what they're supposed to do and not dole out risky
loans, we wouldn't be here. If you haven't done research into the root causes of
this crisis, you just don't want to know.
------------------------------
On Thu, Feb 7, 2013 3:54 PM PST Chuck Guzis wrote:
On 02/07/2013 02:16 PM, Jim Stephens wrote:
I don't think the drift of the conversation
to condemning banking people
will play well with some fine list members. I certainly think where the
execution of bad management and risky practices at some banks is
certainly fair game, I don't think the condemnation of "bankers" is the
same as the bean counters which were the original topic.
So you maintain that the banks had absolutely nothing to do with the current recession or
LIBOR manipulation games? In particular, the large investment banks aren't
responsible for any of it?
Oh, okay. Suum cuique.
--Chuck