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1 blueraven  Sat, Oct 8, 2011 9:49:35am

Good article. Thanks for paging it!

2 (I Stand By What I Said Whatever It Was)  Sat, Oct 8, 2011 10:04:05am

Great tags, too! :-)

3 laZardo  Sat, Oct 8, 2011 11:44:05am

Don’t forget all the wars they’re sending us to.

4 lostlakehiker  Sat, Oct 8, 2011 12:29:19pm

7. None of those who caused the crash have been prosecuted

Not quite true. Franklin Raines, has, I believe, been prosecuted. Fannie Mae was one of the ringleaders of the crash. Read “Reckless Endangerment” for full details.

True enough, most of those who caused the crash have not been prosecuted. But one of the big contributing factors to the crash was banks, and other lenders, doing exactly what Congress was pressing them to do: lend generously to anybody with a pulse.

Lend extra generously to anybody with a pulse and grand ideas for how to flip properties.

Lend super generously to friends of friends of those with friends in high places.

Such “luminaries” as Barney Frank and Phil Gramm found themselves on the same page when it came to this sort of stuff.

5 funky chicken  Sat, Oct 8, 2011 2:42:27pm

One glaring omission: Wall Street has encouraged and applauded every corporation that has shipped manufacturing and other services overseas to cheap labor and zero environmental regulation.

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