Examiner Editorial
Reader Comments
Don L
Apr 18, 2009
Not to worry - the majority of Americans have faith that Obama will fix our finance system by spending our great grandchildrens freedom -don't you.
Mike
Apr 19, 2009
The all powerful banks have the democrats in one pocket and the republicans in the other. They are easy to buy when you have a license to print money and the cooperation of a central bank that is run as a co-op for bankers to make more money. Lots of people were worried about Fannie/Freddie including warren buffet and milton friedman. But 'less regulation' was the rule for years. the GOP wanted an 'ownership society' and the democrats wanted wide access to credit. No one wanted to end the party.
TexRancher
Apr 20, 2009
Not to worry; Barney Frank is in charge. He'll tell us the truth AS HE DETERMINES WE NEED TO KNOW IT. Maybe this time we can set a new record on how many illegals can benefit from this sham! 5 million the last time..... But what do I care? Obama's going to pay my mortgage, car payment and grocery bills. Has he paid your's yet? How do you like the change so far?
GWS
Apr 20, 2009
Shows how weak the republican congress and President were. Warnings? That's it? Finding a scapegoat in Frank is the easy answer. We all were responsible for this mess. Dems and Reps and Wall Street, Paulson, Binacke (sp) (opps, I forgot they are Republicans, don't mention them in this article),greedy speculators and stupid home owners suckered into the American Dream of buying a home with no money down. But if forget. This is the Examiner. What should I expect but half truths.
kuhnkat
Apr 22, 2009
Mike,
the article pointed out the REGULATORS tried to blow the whistle but were blocked by Congress. There are other sources who have come to the same conclusion. There were plenty of Regulators and Regulations to shut them down. They were BLOCKED!!! How can more regulation help if the people overseeing them have their political axes to grind??
Additionally, Regulators are Bureaucrats themselves. One of them claims that he allowed Mortgage Banks to continue with their ludicrous Debt Exchanges and other fun and games based on the Banks assurances that everything was OK.
?????????????????
WHAT DON'T YOU UNDERSTAND ABOUT REGULATION BEING USED AS A POLITICAL RUSE TO GRAB MORE POWER!!!!!!
DO YOU KNOW WHAT FASCISM IS????????????
Until we dump both Dems and Repubs and go back to limited Fed we are SLAVES!!!!
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