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bpuharic

On Sun, 18 Apr 2010 11:50:39 -0400, wrote:

On Sun, 18 Apr 2010 08:22:31 -0400, bpuharic wrote:

correct. but the CDOs...beyond the 'synthetic' ones...went from 1B in
'96 to 60 TRILLION in 2006.

so tell me how you cover that?

There is no way to cover that. The money never existed
The government is trying to fix it by just printing more money.

bull****. it was wall street's doings and the right just shrugs its
shoulders and says the middle class should pay.

if the guys who were DOING this **** for a living didnt see it, how
was middle class america supposed to?

They weren't "doing it" if they didn't see this one coming.

ROFLMAO!! if they SAW it coming by committing fraud...what happened to
the professional investors, the rating services, etc, who DIDNT see it
coming??

Lots of people saw the crash in housing and knew the market would
follow that down.

few saw the level of greed and corruption on wall street

you still dont.

that's the problem with the right. they never blame criminals...IF the
crooks are rich

I would blame myself for not locking the door and having security
measures in place.

again he blames the middle class.

the middle class has to build the country, raise its children, provide
for the defense AND manage wall street without a voice about how wall
street is managed...because that would interfere with the 'free
market'.

this is like reading a children's novel written by a malevolent demon