Quote - Xenophonz, I'm agreeing with you more than a bit.  Keep up the posting, it's saving me work.

  ;)

Thanks. 

People can say what they like about this situation.  Unless if one attempts to totally re-write recent history (which the Dem pols in Congress are now desperately attempting to do) -- the fact remains that the folks who pushed for; threatened lending institutions over; defended against attempted regulatory actions; and received huge political contributions from the whole sub-prime mortgage industry are all sittin' solidly on the left side of the  isle.

As that Saturday Night Live skit so kindly mentions -- it was the hated GWB himself who made an attempt to reign in the abuses going on at Fannie Mae and Freddie Mac.  And furthermore,  as that Youtube video of old C-SPAN footage shows: it was a series of big-name Dems who loudly insisted to everyone that there "weren't any problems here".......while their opponents (including one man named McCain) made dire predictions of a potential economic disaster in the making.

Tell me -- who was 100% right about the dangers of the sub-prime mortgage situation back during the regulatory debates of 2003 / 2004?  And who was greedy and self-serving at the time?  And who is it that now wants to tar their political opponents with the blame for what THEY, themselves did?

Furthermore -- who are the people like the Sandlers -- whom many people had never even heard of prior to that Saturday Night Live skit?  The Sandlers are a couple of gigantic crooks, who made billions selling worthless sub-prime mortgage accounts as securities to Wachovia Bank -- which has since then brought Wachovia Bank crashing down.  The Sandlers also happen to be gigantic leftist contributors, in the mould of Geroge Soros.  They've given millions to organzations such as Moveon.org, Air America, and other radical left-wing groups and causes.  Heh -- they live in San Francisco -- (appropriate).

For whatever reasons, many people have the idea that Wall Street is a hotbed of political Republicanism and conservatism.  I hate to spoil people's comfortable delusions (actually I don't ) -- but it ain't.  Wall Street happens to be filled with all sorts of political types -- and solid, radicalized left-wingers roost like crows in the Halls Of Power and in the board rooms on Wall Street every bit as much as they do in Washington, D.C..  They aren't all a bunch of conservatives on Wall Street, folks.  The Wall Street Journal is a conservative-leaning newspaper, sure.  But Warren Buffet and others like him aren't exactly political conservatives..........and many of them are solid Democrat operatives & contributors.  So don't define "greedy Wall Street" types as a bunch of Republican conservatives.  They aren't.

Try to blame Ronald Reagan's policies all that you like  - this thing is a Democrat mess from start-to-finish, from top-to-bottom.

My main criticism directed at the Republicans -- as always -- is that too many of them are political wimps: without the courage to stand up for their convictions.  For that, many of them deserve the shame of cowards.  But they were right back in 2003 / 2004.  Too bad they didn't have the spine that they needed at the time to make it stick.

For whatever it's worth, they can now take morbid satisfaction in having been proven right.  Although the mainstream press isn't reporting those facts too well............and it's the type of subject that it's not all that fun to have been proven right about..............like predicting that the Titanic was going to sink.

The hope (sigh) which one can derive from this current state of affairs being that perhaps -- just maybe -- the American public will see enough of the truth of this situation as it stands to.....uh......vote for the people that were right about it this time around..........?

It could happen.  But with the way that things are going now: people might be interested in nothing but continuing to dig this hole ever deeper.  If they are: then they'll vote accordingly.

Who was it that defined insanity as doing the same thing over and over again, and expecting a different result each time? :glare:

I just hope and pray that the right people get some spine this time around.  Being right about something is always a good start:  but it's utterly meaningless unless if you are willing to fight for it.  And that calls for a type of toughness that's largely gone out of today's world.

Otherwise, we face a future where the government owns and runs everything.

Something To Do At 3:00AM