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To: Neeka who wrote (292425)2/14/2009 1:56:13 PM
From: KLP1 Recommendation  Respond to of 793955
 
Remember, this man had to work his way through various Wall Street organizations to see how things were working to even begin to start to unravel the extreme mess we are in. When you see "House of Cards" which is rerunning on CNBC this weekend, it will make more sense.....

What the media has done IMO, is muddy up the extreme financial problems dealing with 3 decades of abuses of residential home mortages with our own economic extremes....They are of course related.

All of us have been through several economic downturns ....and probably we can find where there was a government stimulus of some sort in all, or nearly all of them. BUT THIS Stupendously Stupid Stimulus Bill IS over the top, in every way.

The problems relating to the now world wide mortage horror, is another matter entirely from what I can see. Two here have studied this coming tsunami for nearly two years now. "House of Cards" details just the top of the heap of coming problems.