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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (417149)	9/15/2008 9:59:53 AM
From: tejek	1 Recommendation Respond to of 1579139

Obama blames Wall St. crisis on Republican policy Hear! Hear! Finally someone has the balls to say it like it is!

To: Road Walker who wrote (417149)	9/15/2008 10:46:30 AM
From: i-node	Read Replies (1) \| Respond to of 1579139

>> Obama blames Wall St. crisis on Republican policy So, what else is new? Obama pretty much blames everything on the Republicans.

To: Road Walker who wrote (417149)	9/15/2008 12:57:20 PM
From: longnshort	Read Replies (1) \| Respond to of 1579139

Obama is a partisan hack. He has two guys running his campaign who are part of the blame. Like Dodd and Barney frank

To: Road Walker who wrote (417149)	9/15/2008 1:03:59 PM
From: bentway	2 Recommendations Read Replies (2) \| Respond to of 1579139

"Obama blames Wall St. crisis on Republican policy" It's indisputable. The lack of regulation, putting Brownie foxes in to "watch" the henhouses, it was inevitable. The (R)'s believe government doesn't work, and when given power, set right about to proving it. For them, government is just a place to reward brownnosers and cronies.

To: Road Walker who wrote (417149)	9/15/2008 1:04:34 PM
From: tejek	2 Recommendations Respond to of 1579139

Where to Direct All That Rage By Ben Stein, September 14, 2008 nytimes.com ________________________________________________ Excerpt: Then there is that aspect of the war against Washington in which candidates — very often, my fellow Republicans — rage against the machine of regulation. Indeed, this is a constant refrain of the conservatives I call my pals. Regulation is stifling growth and entrepreneurship, they say. With respect, I don't see it. Look at the major debacles in the economy in the past quarter-century. The junk-bond scandal of the 1980s was largely a result of a failure of regulation. The tech boom of the 1990s and the subsequent bust were greatly facilitated by a lack of regulation over fiduciary behavior by underwriters and investment banks. The problem was not too much regulation, but far too little. OR look at the current financial madness caused by wildly imprudent lending by major banks and investment banks. Basically, a major piece of deregulation, the Gramm-Leach-Bliley Act, overturned most of the laws that had kept commercial banks and investment banks separate. This made it much easier for monster-size banks to lay down enormous bets on the direction of housing prices. When these bets turned out to be wrong, the losses to the banks and their stockholders were staggering. (Naturally, those who approved these wagers left, if they left at all, with monster-size severance. You and I will pick up the monster-size bill in many different ways.)