Burning Down The House: What Caused Our Economic Crisis? - BBQ Central

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Old 09-26-2008, 05:38 PM   #1
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Burning Down The House: What Caused Our Economic Crisis?

I found this on Kudlow's Money Politic$ blog today and found it very interesting. When you get the chance watch it. It moves fast so youll have to pause it a few times and read. Also Google the things they talk about.


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Old 09-26-2008, 06:32 PM   #2
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Very interesting for sure.
The two words that caught my attention were "Greed and stupidity".



Nancy P. from Cali should do something with those eyebrows.
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Old 09-26-2008, 09:18 PM   #3
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Makes you think.
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I hope this isn't negative!
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Old 09-27-2008, 12:46 PM   #4
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Well everybody know the root of the problemo stems back to Jimmy Carter who insisted on lending institutions making mortage loans to folks who had no ability to pay it back. In fact lenders who failed to make the bad loans were penalized. Got worse under Clinton when the liberal dems started looting Fannie and Freddie for their own person gain. No telling how many millions Charlie Rangel stuck in his pocket on shady slum building projects. Now the crooks who caused the problem want us to give them 700 billion to fix it..lol Everything the guv'ment has ever touched has turned to *hit. This will not be an exception..I ghurantee.

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