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WhiskeyTangoFoxtrot writes:

in response to 26yearsonmarco:

Excellent comment.

I'm sorry the Kool Aide Drinkers don't understand it.

Excellent post? It's a little off.

Dodd-Frank hasn't been implemented, and has nothing to do with mortgages. Without the re-implementation of Glass-Stegal, turbo Timmy, and Bernanke will be back asking for a blank check again telling us the world will end if the big banks go down. They are already insolvent minus the accounting games being played. No mark to market, etc. This game can only last so long. Math is not a policy, or assumption.

Bush was the one championing the high rate of home ownership. He did see the problem developing, it was too late by that time. Bernanke said mortgages wouldn't be a problem. Brilliant guy that Bernanke is.

Gm bail out is mostly correct regarding the unions.

Green energy is B.S. at this point.

Health care will self destruct soon. Obama and the Republicans won't do what's necessary to fix it.

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