SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: roguedolphin who wrote (98217)6/2/2009 1:28:40 AM
From: Unalakleet  Read Replies (1) of 116555
 
The capital markets are not freezing up now, mostly because of what has happened, although community organizers' multidecade
push for affirmative-action mortgages has done enormous harm
to the credit system. Markets are forward looking.

This isn't true. As someone who is a fan of Milton Friedman (and Rose), I believe this is the kind of lie that does enormous damage to our quest for freedom and its close cousin capitalism. It wasn't the poor (or minority) community that got us into this mess, it was middle and upper income America living beyond their means that caused it all. And by the way, Rush Limbaugh is a flaming idiot. If he had any balls at all, he would tell his listeners to stop buying so much crap and to save their money. Instead, he and his minions blame the blacks. Capitalism is all about savings and production. And nobody in this country wanted any part of it for the past thirty years. That's the problem.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News