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.
Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?


To: Brumar89 who wrote (113902)1/29/2008 4:51:15 PM
From: American Spirit  Read Replies (1) | Respond to of 173976
 
LIAR. the S+L debacle was caused by Reagan and mainly Texas based schemers. As deregulation of business protected by taxpayer dollars from losses it was the worst of the worst kind of ripoff schemes, capitalism at its absolute most crooked.

Reagan's people were the number one pushers of this scam, and Neil Bush was in on it too. There were also some democrats in on it, mainly those from Texas. But Reagan was the one who signed it into law, no one else.

And it was massive white collar crime. It had nothing to do with normal real estate price fluctations. It was highway robbery of the US taxpayers and this has continued in various forms under GW Bush, especially in energy, health care, mortgages, privatization of our military and other huge wasteful crooked programs.

Really hypocritical of Bush to pretend to want to cut spending today. He is the biggest most corrupt deficit spender in US history by far.