No. What I mean that the behaved irresponsibly, didn't care much about possible credit losses because the loans were packaged together and were thought to be then OK. The financial system had evolved and improved, you know. People genuinely talked about self regulation of the capital markets.Those mortgages were going to be defaulted on, and everyone involved on the lending side knew it...
Here, you call them "irresponsible". I find the exact opposite to be true. — creativesoul
The one issue I have with nearly all explanations of powerful people taking advantage of powerless is talking in terms of "rich" and "poor". Not all rich people are the same. That sort of explanation loses it's bite immediately. — creativesoul
what is going on is probably no more (or less) nefarious than a "conspiracy of greed." — Pantagruel
Of course. What else is there but money, power, and politics? — Noah Te Stroete
Oh. I know da answer for that.
Sex, drugs, and Rock'n'Roll!! — god must be atheist
And don't be so naive as to think that the CIA doesn't have some trolls or shills on this forum. They are at least monitoring it closely (as is the NSA). — Noah Te Stroete
and as of yet attained freedom from propaganda. — Noah Te Stroete
Then the Reagan Revolution happened. — Noah Te Stroete
"Just say NO."
It has a ring to it, it has the writers behind it, it is unmistakeably a slogan... yet even this hasn't worked. — god must be atheist
re-establish the USA as the only dominant force in the Middle East, — Noah Te Stroete
It did not work... for long. There is no presence that we know of by the USA in the Middle East wars. — god must be atheist
Ah, yes. Nancy Reagan. Dumb cunt. — Noah Te Stroete
We have 40-50,000 troops in the Middle East as well as oil executives and contractors and military bases in the countries surrounding Iran. — Noah Te Stroete
Yeah, but half of that number in troops are Americans-turned-Jihadists who were enchanted by the wonderful promise of the Islam. Plus, after joining up, they could kill people without repercussions... big attraction for most young hot-blooded All-American Boys. — god must be atheist
Also, social control is crucial to maintaining the power structure. — Noah Te Stroete
Whatever. You're a fool. — Noah Te Stroete
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