Okay, so will the Tea Party rise in physical protest to these new revelations the way they did to imaginary death panels and fantasy czars? Please show me!
I'm pretty sure their mantra is that the "free market"-- which would include all of the banks being discussed here-- can never do wrong and should not be regulated in any way.
OWS protesters will continue to whine about the private sector, ignoring that it was the public sector
The public sector bundled bad mortgages into securities and CDOs and deceived their own investors for the sake of short-term profit and enriched themselves with trillion dollar bailouts while not delivering on the promised lending to communities and small businesses??!! :0 Wow, Jeff, you've got quite a scoop on your hands... have you contacted the Bloomberg news service???!
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Date: 30/11/11 16:32 (UTC)I'm pretty sure their mantra is that the "free market"-- which would include all of the banks being discussed here-- can never do wrong and should not be regulated in any way.
The public sector bundled bad mortgages into securities and CDOs and deceived their own investors for the sake of short-term profit and enriched themselves with trillion dollar bailouts while not delivering on the promised lending to communities and small businesses??!! :0 Wow, Jeff, you've got quite a scoop on your hands... have you contacted the Bloomberg news service???!