Quote:
Originally Posted by scaeagles
So you then think Dodd is an idiot for what he said earlier this year?
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Yes, that was an idiotic remark.
The rest of them are just crooks. The whole lot of 'em.
Morrigoon ... the mortgage crisis is simply the back-breaking straw. I like your solution better than simply throwing money at buying the worthless debt. But the problem is far deeper than merely the latest symptom (mortgage-backed-securities). It's been headed this way for 30 years, and it's the entire concept of free-markets-uber-alis. Homeowner relief does nothing to address that.
It's not that I want no action taken, it's that I don't think our system is capable of taking any action that would make a difference. Look at the complete failure of Congress to agree on the band-aid. How in the world would they ever accomplish healing the disease???
We.Are.Fvcked.