- Mar 4, 2011
- 11,395
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Tell me. What spin did Inside Job put on the financial crisis? Please tell me. Wall st didn't cause it?
Tell me. What spin did Inside Job put on the financial crisis? Please tell me. Wall st didn't cause it?
busydude
Diamond Member
- Feb 5, 2010
- 8,793
- 5
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GTaudiophile
Lifer
- Oct 24, 2000
- 29,767
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Comments that I posted in the P&N thread I started:
-Disgust! I would love to see some of these bankers in handcuffs for a bit, afraid to drop the soap (Bernanke, Geithner, Greenspan, Hubbard, Summers, Paulson, etc.).
-The "revolving-door" between Wall St. and DC/SEC, etc. must be closed shut.
-Same goes for the revolving door between Wall St. and Higher Ed where these "schemes" are being taught as legitimate business practices.
-The Financial Services Industry has been smart, putting people in power in DC (and Higher Ed) since the early 1980s. These people, along with the industry's lobbyists indeed deregulated themselves to massive short-term profits at the expense of the American taxpayer. Most of these players have since gotten off Scott-free, laughing their way to the bank. Then again, the American taxpayer is not 100% without blame either. I am talking about those janitors and bus drivers who were too stupid to be convinced that they could afford a $500 million home on a $30K/year income.
-These crooks were/are enabled by presidents and Congressmen on both sides of the aisle.
-I can't believe they were allowed to bail themselves out.
-Hilter was to the Third Reich what Goldman Sachs is to the Financial Services Industry?
-Nothing has changed since Obama. He lied to the American people. He did nothing to seek justice and in fact has promoted even more of these hooligans to positions of power in DC.
-If it's too good to be true, it is. This should be the moral of the story when it comes to anything.
-Disgust! I would love to see some of these bankers in handcuffs for a bit, afraid to drop the soap (Bernanke, Geithner, Greenspan, Hubbard, Summers, Paulson, etc.).
-The "revolving-door" between Wall St. and DC/SEC, etc. must be closed shut.
-Same goes for the revolving door between Wall St. and Higher Ed where these "schemes" are being taught as legitimate business practices.
-The Financial Services Industry has been smart, putting people in power in DC (and Higher Ed) since the early 1980s. These people, along with the industry's lobbyists indeed deregulated themselves to massive short-term profits at the expense of the American taxpayer. Most of these players have since gotten off Scott-free, laughing their way to the bank. Then again, the American taxpayer is not 100% without blame either. I am talking about those janitors and bus drivers who were too stupid to be convinced that they could afford a $500 million home on a $30K/year income.
-These crooks were/are enabled by presidents and Congressmen on both sides of the aisle.
-I can't believe they were allowed to bail themselves out.
-Hilter was to the Third Reich what Goldman Sachs is to the Financial Services Industry?
-Nothing has changed since Obama. He lied to the American people. He did nothing to seek justice and in fact has promoted even more of these hooligans to positions of power in DC.
-If it's too good to be true, it is. This should be the moral of the story when it comes to anything.
Democrats mandating (via regulation) to give loans to people who couldn't afford it caused most of it. But you're eating up the leftist dribble like hotcakes. If you can't see the outright spin by that "documentary" which is nothing more than propaganda then there's no helping you.
- Oct 28, 1999
- 62,484
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What about unregulated wall street firms peddling ultraleveraged real estate securities that weren't really backed by real estate?
God Mode
Platinum Member
- Jul 2, 2005
- 2,903
- 0
- 71
Oh? And what are you gonna do about it?
Read and laugh at these spoiled gluttons angry because their appetites aren't satisfied. Everyone thinks they deserve more and more.
The people that are most hurt by these issues don't even have time to go on forums and bitch. I know that our system uses the weaker minded to maintain a servant class whether that be the military or low wage jobs.
If you have a home, tv and a car, you are so much better off than those can't even fathom buying a computer and an internet connection. The lazy gluttons commonly blame welfare queens and drug addicts because they choose to only see the baddest apples. I view this bitching by the middle class exactly the same as how the robber barons of our age fail to see the suffering of the middle class.
Funny that they did not include buffett in this movie. His company moodys rating warren buffett look the other way. As he say it "oh shucks".
I suspect, much in the same way that ANYONE would NOT be able to spot a one-sided advocacy piece that doesn't even make any pretense that it was not taken straight from Moveon.org's accounting or view of things. Even enlisted some of Moveon.org's most well-known activists and supporters: Barney Frank, George Soros, Eliot Spitzer, Matt Damon...among others.
Ever see the 'fair and balanced' documentaries by that non-partisan mainstream centrist film-maker Michael Moore? You would love them!
have you seen the movie, some of these guys that were on the board of the Fed were really cornered during the interviews. You really don't have a problem that some of these guys are on the board of the Fed making policy and at the same time are "consulting" for the big banks making millions, talk about conflict of interest but apparantly you are OK with it
and the part about Wall Str investment firms selling cdo to other financial institutions as triple AAA very reliable nothing-can-go-wrong investment while internally they were shoring them like crazy because they described these cdo internally as a pile of shit
i guess that part is also the liberal conspiracy
i guess that part is also the liberal conspiracy
GodlessAstronomer
Lifer
- Oct 27, 2007
- 17,009
- 5
- 0
JulesMaximus
No Lifer
- Jul 3, 2003
- 74,586
- 986
- 126
I've been saying this for years...but all I get is, "U am a liberul" from the mouth breathers here.
Who's interest do you suppose Fox news is representing? It sure as fuck isn't the people's. Wake up dumbtards, you're all getting ass-fucked.
airdata
Diamond Member
- Jul 11, 2010
- 4,987
- 0
- 0
Are you saying it was fictitious?
Whoops.. My bad.
$250 million is still god awful. They are slowly getting more information showing where some of the trillions in bailout money went.
If you're going to try to fix the economy by pumping out sickening amounts of money, it might be a good idea to do it like a professional... not like a third grader.
A professional would have a ledger and show you where all the money went and what has become of it.
A third grader ( The federal reserve ) would lie to you, pretend then don't know where the money is, and then when left with no other options finally come out with at least part of the truth.
I'm not surprised the populist simpletons in this board eat this movie up. The movie blames all the wrong people for all the wrong reasons. But that's the point, and you are all sheep knobbing between the legs of the producers of the movie. Hook line and sinker.
shortylickens
No Lifer
- Jul 15, 2003
- 80,287
- 17,082
- 136
To be fair, Godwins law only states that the likelihood of a Hitler comparison increases the longer the thread goes on.
It doesn't say anything about it being auto fail or auto win.
GodlessAstronomer
Lifer
- Oct 27, 2007
- 17,009
- 5
- 0
GodlessAstronomer
Lifer
- Oct 27, 2007
- 17,009
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- 0
HendrixFan
Diamond Member
- Oct 18, 2001
- 4,646
- 0
- 71
The documentary makes a point that there were people in regulatory positions that tried to do their job, but were unable to. The problem isn't people like you, it is the people who sit at the top of regulatory agencies. They have the power/control, so they are the ones being coerced by industry.
HendrixFan
Diamond Member
- Oct 18, 2001
- 4,646
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