"Wall Street has its own version: Its Big Lie is that banks and investment houses are merely victims of the crash. You see, the entire boom and bust was caused by misguided government policies. It was not irresponsible lending or derivative or excess leverage or misguided compensation packages, but rather long-standing housing policies that were at fault. Indeed, the arguments these folks make fail to withstand even casual scrutiny. But that has not stopped people who should know better from repeating them."
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- PMMJ (
cheetahmaster) wrote,
PMMJ
cheetahmaster
sigh
"Wall Street has its own version: Its Big Lie is that banks and investment houses are merely victims of the crash. You see, the entire boom and bust was caused by misguided government policies. It was not irresponsible lending or derivative or excess leverage or misguided compensation packages, but rather long-standing housing policies that were at fault. Indeed, the arguments these folks make fail to withstand even casual scrutiny. But that has not stopped people who should know better from repeating them."
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huh
"The problem for a terrorist group like Al Qaeda is that its recruitment pool is Muslims, but most Muslims are not interested in terrorism. Most…
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today's good read
"It’s Time for Black Liberation, Not Liberalism."
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(no subject)
What lead to the death of the enclosed mall as a concept?
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