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Wild Cobra
06-09-2011, 12:19 PM
Washington and Wall Street: The Revolving Door (http://www.nytimes.com/2011/05/29/books/review/book-review-reckless-endangerment-by-gretchen-morgenson-and-joshua-rosner.html)
clambake
06-09-2011, 12:20 PM
why?
Oh, Gee!!
06-09-2011, 12:28 PM
why?

because it probably blames dimm-o-craps.
George Gervin's Afro
06-09-2011, 12:56 PM
because it probably blames dimm-o-craps.

or explores Obama's socialistic policies (even the secret ones designed to turn American into ISLAM west).
George Gervin's Afro
06-09-2011, 12:58 PM
deftly trace the beginnings of the collapse to the mid-1990s, when the Clinton administration called for a partnership between the private sector and Fannie and Freddie to encourage home buying.


it blames today's economic mess on Bill Clinton
101A
06-09-2011, 01:11 PM
it blames today's economic mess on Bill Clinton

The NYT summary linked suggests there is plenty of blame to go around; the usual suspects from both parties: Paulson, Geitner, et al.

Probably a decent read, but what's the point. The bad guys have gotten away with it; and the public, though they know they are mad about it, don't understand where to direct their anger.
ElNono
06-09-2011, 01:25 PM
I thought the NYT wasn't a source of trust and they were spreading liberal propaganda...
TeyshaBlue
06-09-2011, 01:34 PM
This is pretty much the take of an older Matt Tiabi article for RS. Tiabbi was right then, too.
101A
06-09-2011, 01:55 PM
This is pretty much the take of an older Matt Tiabi article for RS. Tiabbi was right then, too.


Reminded me of that as well; why I'm not gonna read it.
MannyIsGod
06-09-2011, 03:05 PM
The best way to get the story out wasn't through books. Not enough people read and those that do already know whats up anyway. Thats why Inside Job is such a powerful tool. Then again, most people won't watch that either since there is not a giant robot from outer space or a vampire in it.
symple19
06-09-2011, 03:55 PM
This is pretty much the take of an older Matt Tiabi article for RS. Tiabbi was right then, too.

this. Every pres since Clinton has done this bullshit. It's not a party thing, which i'm sure will sadden WC
Wild Cobra
06-09-2011, 10:13 PM
this. Every pres since Clinton has done this bullshit. It's not a party thing, which i'm sure will sadden WC
How many times must I remind you guys that I am not for republicans, and I only believe in some things they are doing. I have stated over and over that I choose them as the lesser of two evils. The defenses I give when I do are generally pointing out the lies based to slander them, when there is plenty of truth to accomplish that goal. Problem is, the truth is the same thing you partisan democrats would have to agree your guy is doing.
LnGrrrR
06-09-2011, 10:31 PM
This happens alot in the military too. People who work in a certain career field get out and continue to do the same job in a civilian capacity.

The big problem is when you have big movers (ie, generals) who do the same. You wonder how much of their decision-making is motivated by what they think is right, and how much might be motivated by the job they plan on holding when they retire. Gets a little muddled.
DarkReign
06-10-2011, 10:01 AM
Just watched "Too Big To Fail" yesterday. Well acted and very sympathetic to all involved parties (Geitner, Paulson, Goldman Sachs, et al), which is why I ended up hating it.

I say, literally, burn the witch.
Winehole23
06-10-2011, 10:03 AM
That ship sailed. The witch burned us again.
MannyIsGod
06-10-2011, 10:05 AM
I kept seeing that on HBO and never had a desire to watch it. I'm glad I read your review first because now I know not to waste my time. At some point you do have to stop watching/reading about the situation because it just pisses you off more and whats the point.
DarkReign
06-10-2011, 10:15 AM
I kept seeing that on HBO and never had a desire to watch it. I'm glad I read your review first because now I know not to waste my time. At some point you do have to stop watching/reading about the situation because it just pisses you off more and whats the point.

Oh, its worth your time, its well cast and really well acted, but I was expecting an indictment on the players of this Grand Game and never once did the movie place blame.

It makes it seem like this is all just some uncontrollable confluence of events perpetrated by a few banks who were eager to inflate their spreadsheets.

But, youre exactly right about the last point. At some point, you have to stop reading/writing/watching and caring about it because all it does is remind you of how small, insignificant and completely helpless you are to do anything to ever change the way the world really works.

The weak are killed and eaten. We are the weak.