Good article about the financial crisis

[Cant_Be_Faded]

chumpdumped.

[ChumpDumper]

http://www.spurstalk.com/forums/showthread.php?t=120870

[Cant_Be_Faded]

My bad.

[MannyIsGod]

It is a damn good article though. Its all over the internet but I have yet to see it talked about outside the internet.

[Winehole23]

Eh, it's the functional equivalent of bumping the thread. It merits the repost, IMHO. Bird-brained SpursTalk conservatives need to follow the money and focus on the oligarchs. Fascism and socialism are false clues to what's really going on, despite the passing resemblance to fascist corporatism IMO.

We just pawned our whole f*****g future to bail out shitty mortgages, AIG, Goldman Sachs (who didn't really need it), all the big banks, and the whole effing financial sector besides; to meddle in credit markets generally; to accept financial dreck as collateral for cash loans from the Fed; to subsidize losses in the PIFP using no-recourse loans in the leveraging scenario; to risk tapping out the FDIC by using it as a backstop for the exotic financial scheme that is supposed to resuscitate the MBS and CDO markets.

You know waht I mean, C_B_F?