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Politics : Mainstream Politics and Economics

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To: Little Joe who wrote (32159)10/23/2012 7:58:02 PM
From: koan  Read Replies (4) of 85487
 
I am in real estate. It was the banks, insurance companies, and wall street, more than anyone, who were the criminals. They cut the regulations for borrowing. No doc loans! AIG credit default swaps! Junk CDO's stamped triple AAA by Moodys!

They made huge commissions and didn't care if they went bust as the gov would pick them up. The gov they bought with money to overlook it.

We could change it, but we rrefuse to elect honest people. Like George McGovern! More than half the nation thought Nixon was more honest than McGovern.

That is pretty stupid and indemic to the problem at hand!
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