An officer and a gentlemen cannot win against a sleasy, radical, racist, terrorist supporting LAWYER if he attempts to be subtle about THE ROOT CAUSES OF A NEAR DEPRESSION IN OUR NATION.

It clearly was Dems such as Obama, Dodd, Frank, Pelosi Shumer, Durban etc who forced Banks and F&F to get mortgages to the downtrodden who could not pay, but could vote Dem.

It was cruel to the downtrodden who now must move out. BUT IT WAS MORE CRUEL TO OLD FOLKS who cannot earn money on investments, and CD's to continue to live in the homes they saved and sacrificed for 40 years.

The young BO does not care jackfeces about most hard working, responsible Americans-----he cares about BO going from a street activist to President in 4 years, from debt to mulitmillionaire in 3 years-------not by capitalism, but by corrupt links to Ayers and Rezko.

Hmmmm made three million in three year, my how slow Obama is, McCain did far better than this by marrying a multi-millionaire whore in one day and leaving his disabled wife and kids.

If McCain is an officer and a gentleman then Cindy must have been working in the beer factory when she met "maverick".

Lets assume that ~1/3 of the subprime mortgages default. Since the subprime market is ~$1.4 Trillion, thats about $460 Billion worth of loans in default. The subprime defaults will be less since the homes can be resold. Estimates are that the real losses from the subprime market are ~$150 Billion.

The subprime market lending policies are not what is at the center of the credit crisis. It's other forms of private debt.

In the last month or so, ~$3 Trillion has been devoted to purchasing so called "bad assets."

The explanation for the crisis lies elsewhere than the subprime market. Principally, the problem is debt run up by Wall Street. Roiling markets reflect the fear on Wall Street that they will be left holding the bag full of IOUs. $3 Trillion of these IOUs have been relieved and Wall Street is still anxious.

This should give you some idea of the magnitude of the problem. Scarier still, the size of the final bill is not knowable.

I would hazard a guess that when Lehman Brothers collapsed without a rescue, Wall Street threw the mother of all temper tantrums. And like the petulant self-centered children that the masters of the universe are, they are betting on Uncle Sam to save the day.

Or, the $2 Trillion lost in 401ks is just the tip of the iceberg.

You should actually read about the financial mess so you have an understanding of what's going on.

Here's a pretty good explanation from Red State.com (so you can't say it's from the liberal main stream media as most dumbasses like yourself are prone to do)

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These greedy bastards funnel billions to the dems.

The Dems made sure we would have to go top down and bail out their buddies in WS

The root cause is still the same----Obama, Frank, Dodd, Shumer, Durban handing out mortgages to indigents who NEVER IN THEIR LIVES PROVED THEY COULD PAY.

SOCIALISM AND WALL STREET CONNECTIONS----DEMS HAVE F---CKED US

gmajesko: do you spend all of every day sitting in front of your keyboard? Who supports you? Is it mommy and daddy while you sit around in your underwear in their basement, eating the food they buy for you and paying the utilities you use. Your room must really smell. because, as far as anyone can tell, you don't even top posting your lies long enough to shower!