Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: Alighieri who wrote (584003)	9/2/2010 10:41:54 AM
From: Bill	Read Replies (3) \| Respond to of 1573073

Two words: Brooksley Born.

To: Alighieri who wrote (584003)	9/2/2010 10:53:37 AM
From: bentway	Read Replies (2) \| Respond to of 1573073

No, Al. Bush was just THERE for eight years, but he didn't DO anything. He just let all the evil Clinton policies run, unchecked, but it's not his FAULT. Just erase the eight years of Bush from your mind, even though the economy collapsed on HIS watch, and draw a straight line from Clinton to Obama!

To: Alighieri who wrote (584003)	9/2/2010 12:16:35 PM
From: i-node	Read Replies (1) \| Respond to of 1573073

Absurd though these all were, they paled in comparison to the financial innovations that grew out of the mortgages—derivatives built on other derivatives, packaged and repackaged until no one could identify what they contained and how much they were, in fact, worth. As I already pointed out, Bush's initiative involved about 2,500 average mortgages. Trivial. Apparently, your liberal rag citation agrees with me on this. The unregulated derivatives, a result of Clinton's & Ruben's refusal to listen to THEIR OWN ATTORNEY on the matter, Brooksley Born. This woman was the absolute expert on this subject, went to the mat to try to regulate them, and was shut down by Clinton & Ruben. "Shut down", as in her office being abolished. There is nothing you posted that is, in any way, inconsistent with my earlier statement: This is 100% on Clinton. Clinton can try to push it to the GWB admin, but history has started sorting this out and clearly, Clinton and liberalism get the blame.