Bye Bye Banks and Wall Street

[innerSpaceman]

Originally Posted by scaeagles

So you then think Dodd is an idiot for what he said earlier this year?

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.