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i hope this video will help...

http://www.youtube.com/watch?v=_MGT_cSi7Rs

I gotta admit, that was a funny picture. But one thing, it's missing the various republicans that are to blame as well - is there another ACORN like pictorial that shows the complicated weave of the republican influence in the Freddie/Fannie scandals? I'd like to see that one as well.

What Republican influence are you talking about? All of the reforms proposed by the Republicans in Congress that were thwarted by the Dems? Is that the chart you mean, you fucking moron?

I guess gumercindo that you find it unpleasant to know the awful truth about your Obama/SOCIALISTA`S roots.He does not have a good history. In fact its extremely lousy. I believe the man is a fraud. He is not the man he wants you to believe he is.
Wake up.

George, I was talking about the Bush administration's efforts to thwart regulation of the subprime lending mess in 2004-05.

You are not serious. Please tell me you're just kidding. Do you know how many times Bush and the REpublicans tried and failed to reform Fannie Mae and Freddie Mac? Look it up, dolt, you might just learn something. I'll give you a hint: 2003 and 2005. Those are just two. I blame the Republicans for not doing what had to be done, despite the outcry of the corrupt Dems in Congress. A total failure of will. But the mess itself? That's your team, bucky.

Dear, dear, George: what would your mami think if she heard you insulting people who are trying to talk civilly to you? If this is how you behave in public, I doubt you and I could ever discuss politics at La Carreta on Westchester.

Ever heard of collusion? As robustly as the Bush administration has used executive power in both terms, it knew that Congress would outlast its terms in office. So did Congress. Check the Congressional record for the votes in 2003 and 2005 on those regulatory bills. There was no reason why the Dems or GOP in Congress would push for regulation. In DC, in the Senate and Congressional committees, an elite rules, and it knows not party nor ideology. You guys (and the Dems) are fooling yourselves if you think they give a shit about party purity. It's all about who fattens their campaign war chests. Besides, which party ruled in Congress from 1994 and 2006? Read the autobiographies of Henry Hyde, Dick Armey, and Tom DeLay, and you'll see how effectively they stifled any opposition; they were masters. And before them, Jim Wright, Tip O'Neil, Dan Ronstankowski, and others ruled the roost. Don't fall for the FOX News and CNN crap. When it comes to money only one party rules.

I guess you and a few others here are right: our government is socialist...of a sort. Both parties suck from the same teat of corporate money.

duke, well put and nicely done and thanks for adding some civility to this discourse.

I'll add a few links for Georgey...

http://www.businessweek.com/investing/insights/blog/archives/2008/09/community_reinv.html

http://online.barrons.com/article/SB122246742997580395.html

Gumercindo, Henry and I have posted at least a dozen links to articles about this crisis. Obviously, you haven't read any of them. The five-part series in IBD, specifically, gives a very balanced history of the crisis, with plenty of blame to go around.

That said, however, you'd have to be the dumbest, most disingenuous, Dem kool-aid drinking motherfucker on the planet to even think that the Republicans are close to the malfeasance, negligence, mismanagement, outright corruption, and almost criminal behavior exhibited by the Democrats vis-a-vis Fannie and Freddie.

Am I being civil enough?

Thin, don't mention my mother again, okay. Just a warning cause I'll ban you, and your IP, in a heartbeat. I may be an irascible, uncivil, profane asshole to you, but I NEVER mention your mother.

Do we understand each other?

George, by all means, post that link. Unlike you, I am an open minded and free thinking person who, when presented with very solid sources (I would consider IBD one, for example), would consider an alternative viewpoint.

Unfortunately, you are not, so it's hard to have a dialogue with you since you've already made up your mind abuot the whole thing. But, go ahead and keep naively shouting to yourself, "it's all the dems' fault!"

Look, I never said that Frank and the dems weren't at fault. Everyone and their abuela knows how far reaching dem tentacles have been in FM and FM, but that was just part of the problem.

Do a search. All five parts are on the site. We posted the links last week after the radio show.

BTW, what was the "other" part of the problem? I'd say it was Republican cowardice in not passing reforms despite the outraged cries of contribution rich Dems yelling "racism, racism, lynching, lynching" at the tops of their lungs when any attempt, or even a suggestion to reform Fannie and Freddie were brought up.

George, that's an editorial with some valid points just in the same way the links I provided explained the problems with the Bush administration lack of regulation in 03-05 when subprime loans really exploded.

As to your question, the "others" are the culprits we all know about - the republicans in congress and at fannie mae (admittedly, not as much as dems), the SEC, wall street, and the folks that took out the loans.

Gumercindo, my last words: THE DEMOCRATS BLOCKED THE REFORMS. End of discussion.

No fair-minded reader of your site would think I'd insulted your mother; but, very well, as long as we both promise not to insult each other personally when presented with evidence we don't like I can keep my end of the bargain.

In the meantime, Obama's speech to NASDAQ in September 2007 and fact-checking McCain's speech yesterday afternoon.

George, that's ok, my last words are: "the republicans loosened oversight - END OF STORY" as evidenced by the links I attached. Anyhow, duke, you might as well not have posted that link from the nyt.

Thin, is reading comprehension your other problem? I never said you insulted my mother; I told you not to mention her.

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