Originally Posted By: rocky mtn bill
Oh, and while I'm at it I'll say Obama's biggest error was the failure to indict anyone in the market collapse. That seems unforgivable.


I agree but usually we dont go after congressmen and senators. The list was all democratic by the way. Dodd, Frank, and many others. Funny because Im sure you want to put this on those greedy Republicans. Problem is this was not greed but Socialism at work. First you decide everyone needs to have a house then you encourage lending 100-200K to a buyer who could not get a 1 K credit card. Create a buying frenzy which convinces buyers prices are forever going to increase. A lot like pre 29 crash mind set. Once the bubble pops everyone gets a haircut. Well everyone except Dodd, Fraks and friends. How much did Bloomberg make on this? Ten billion? More.