I didn't write this, it's from another thread on this site. I think it just about sums it up pretty well.
THE DEFICIT IS NEITHER THE DEMOCRATS OR REPUBLICANS FAULT
HERE IS HOW CAPITALISM WORKS IN THE GOOD OLD USA, WHERE UNFORTUNATELY WE HAVE LOTS OF GREEDY WHITE COLLAR CROOKS.
We have a recession or down cycle every decade remember 2002? rememeber EARLY 1990S? Remember THE HUGE DROP ON WALL STREET IN THE 80'S? THE OIL CRISIS IN THE 70'S SHALL I GO ON?? EVERY DECADE GREEDY CAPITALISTS SCREW TEH GOOD AMERICANS AND EVERY DECADE ITS EITHER REPUBLICANS OR DEMOCRATS IN THE HEAD OFFICE,
what would i do? I'd put a punishment tax on every single white collar crook on a sliding scale depending on how much they hurt us and I'd let the courts decide how much punishment tax should be on crooks so with the current problem either put teh white collar crooks in jail or tax them or both jail and then when out tax them as well with a punishment tax in the future so they pay for thier raping of the USA .
It don't matter who is in charge, the president or republicans or democrats can't control THE TRILLIONS OF DOLLARS OF FAILED MORTAGES THAT GREENSPAN AND IT ISN'T HIS FAULT EITHER BUT THIS STARTED UNDER THE DEMOCRATS AND NOW IS UNDER THE REPUBLICANS AND WE WILL BE IN RECESSION UNTIL 2009 AT LEAST AS PLENTY OF HEDGE FUNDS AND MONEY MANAGERS ARE GOING TO GO BELLY UP, MUTUAL FUND REDEMPTIONS, FIRING OF EMPLOYEES UNEMPLOYMENT AT 5 YEAR HIGH AND THIS HAPPENS EVERY ECONOMIC CYCLE, THATS RIGHT WE HAVE ECONOMIC CYCLES AND IT DONT MATTTER CAPITALISM IS BIGGER THAN DEMOCRATS OR REPUBLICANS SO DONT BE BRAINWASHED BY THE PR PUT OUT BY EITHER PARTY.
Capitalism breeds GREED YOU HAVE TO THINK BIG PICTURE GO BEYOND REPUBLICAN OR DEMOCRAT BECAUSE IF YOUR PARTY BRAINWASHES YOU, YOUR MIND ISN'T THINKING ABOVE ALL THE PR AND HYPE AND THATS WAHT THE PR EXPERTS HIRED BY BOTH PARTIES DO,
FOR SOME AMERICANS WHO HAVEN'T LIVED OVERSEAS AND SEEN OTHER TYPES OF GOVERNMENT YOU WILL NEVER TRULY UNDERSTAND CAPITALISM, The only major problem with capitalism is not being able to POLICE ALL THE WHITE COLLAR CRIMINALS, PEOPLE BREAK LAWS, there are no mortgage laws enforced, and remember the junk bond fiasco more than a decade ago that the government had to bail out?
SOME OF THE SMARTEST MINDS IN THE USA WORK ON WALL STREET CAUSE THEY ARE PAID THE HIGHEST THE AVERAGE LARGE HEDGE FUND MGR. MAKES TENS OF MILLIONS OF DOLLARS A YEAR, IF YOU DEVELOP A NEW INVESTMENT FOR CONSUMERS AND IT TAKES OFF YOU MAKE HUDNREDS OF MILLIONS AND THEN IF THE INV. FIALS YOU LEAVE THE CONSUMERS AND THE GOVERNMENT HOLDING THE BAG IT HAPPENS EVERFY SINGLE DECADE,
people were encouraged by mortage brokers to lie about income to close the loan AND BANKS just wanted their fees, then these loans that were never gonna get paid were packaged as ARM AND BOND FUNDS AND SOLD BY WALL STREET TO PEOPLE LIKE US AS SAFE INVESTMENTS I DIDNT BUY THEM AS I'M A WALL STREETER AND NO GARBAGE WHEN I SEE IT, and now 10% thats right 10% of mortages in this country will FORECLOSE THESE TRILLIONS OF DOLLARS OF FIALED MORTAGES WERE SOLD BY BEAR STEARNS, LEHMAN BROTHERS FAMOUS INSTUTITUIONS ON WALL STREET WITH 100 YEAR BACKGROUNDS WHO ARE BOTH DRIVEN VIRTUALLY OUT OF BUSINESS BY THE GREEDY EXECUTIVES AND INV. BANKERS, MORTAGE SALESMAN ETC... THAT MADE MILLIONS AND LEFT YOU CONSUMERS AS BAGHOLDERS WITH MASSIVE LOSSES AND THEN MR. PAULSEN TREASURY SECRETARY FORMERLY OF THE MOST FAMOUS INV. BANK IN USA GOLDMAN SACHS HAS TO KEEP USING GOVERNMENT FUNDS TO BAIL OUT THESE IDIOTS AND THEY KNEW WAHT THEY WERE DOING WAS WRONG BUT THEY MADE MILLIONS AND SAID ITS THE AMERICAN WAY THAT IS THE PROBLOEM THE ETHIC S AND MORALS OF 'some' of THE PEOPLE WHO HAVE MONEY and could care less what democrats or republicans think they are out for themselves and dont' care about the usa, I KNOW MCCAIN CARES HE LIVED 5 YEARS IN A POW CAMP AND SERVED HIS COUNTRY I KNOW HE ISN'T A CROOK.
THE STOCK MARKET is near a year low and you want to put a ROOKIE WITH NO BUSINESS NO FINANCE NEVER RUN A COMPANY, NEVER BEEN A MAYOR, NEVER BEEN A CONGRESSMAN NEVER BEEN A SENATOR TO FIX THE PROBLEM, I'M NEITHER A DEMOCRAT OR REPUBLICAN BUT TIMES ARE TOUGH FOR MANY AMERICANS WHO AREN'T CROOKS AND WE NEED EXPERIENCE TO GET OUT OF THE MESS THAT CAPITALISM PUTS US IN EVERY DECADE WHEN THE GREEDY RICH WALL STREETERS & OTHER CROOKS WITHOUT ETHICS FORCE THESE HUGE DEFICITS WITH THE GOVERNMENT HAVING TO BAIL OUT THE CROOKS
PUT THEM ALL IN JAIL AS FAR AS I'M CONCERNED WHETHER REPUBLICAN OR DEMOCRAT. TURN ON THE BUSINESS NEWS SOMETIME CNBC REMEMBER FREDDIE MAC AND FANNIE MAE, THEY ARE NOW IN A CONSERVATORSHIP SIMILAR TO BANKRUPTCY TRILLIONS OF DOLLARS OF MORE GARBAGE FOR OUR GOVERNMENT TO WORRY ABOUT, AND ITS THE CROOKED WHITE COLLAR CRIMINALS THAT LET OUR GOVERNMENT AGENCY MORTAGE COMPANIES FANNIE AND FREDDIE AND ULTIMATELY OUR GOVERNMENT HOLDING THE BAG AND ITS NOT THE DEMOCRATS OR REPUBLICANS FAULT THIS STARTED UNDER THE DEM'S AND NOW THE REPUBLICANS THEY BOTH SCREWED UP BECAUSE THE CROOKED WHITE COLLAR HIGH IQ CRIMINALS OUTSMARTED THEM
This post edited by steamboat1 11:16 AM 09/16/2008