General Discussion

Wellstone ruled

(34,661 posts)

19. Couple of things that I seemed interesting

Mon Apr 6, 2015, 10:37 PM

Apr 2015

at the time. First,when Larry Sommers was finally shown the door as well as Rambo Rahm,suddenly there was a tiny bit of concern for the millions who lost there homes who were honest buyers and not some POS that was current and had the legit paperwork. Second,when Country Wide was a back stop and Rubin left Citi,that's when another some what am concerned statement came out. Fully realize this who disaster began under Bush/Cheney/Paulson and Greenspan,but,bad consul within the White House made it worse.

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Highlight:

Barney Frank drops a bombshell: How a shocking anecdote explains the financial crisis [View all] TheNutcracker Apr 2015 OP

President Obama was primarily raised in his grandparents home. MannyGoldstein Apr 2015 #1

That's comical. We need a button for that...for now this will have to do! TheNutcracker Apr 2015 #3

You forgot the sarcasm emoticon? Fred Sanders Apr 2015 #14

What no comment on the OP? Did you just stop by to give Manny a jab? rhett o rick Apr 2015 #25

Thanks for kicking...this is BILLIONS of OUR DOLLARS, being kept by the banks! TheNutcracker Apr 2015 #2

Only rich people can be trusted with money. Enthusiast Apr 2015 #60

I wonder if Racheal would cover this? Or Ed? Someone??? TheNutcracker Apr 2015 #4

You kid? Enthusiast Apr 2015 #61

Not what they get paid to do. merrily Apr 2015 #74

Wow!!! Wellstone ruled Apr 2015 #5

This is the root of U.S rot. Yes, Obama has some splanin to do. But where is that money, and TheNutcracker Apr 2015 #6

Allways wondered why Wellstone ruled Apr 2015 #8

Dodd had mortgage deals thru crook Angelo Mozilo of Countrywide. See #12. Also told CT people appalachiablue Apr 2015 #18

Don't forget Timothy Geithner. I remember Elizabeth Warren grilling him about the Mortgage relief sabrina 1 Apr 2015 #37

Thank you for the reminder. Wellstone ruled Apr 2015 #53

The likes of Dodd and Frank did not have to knuckle under to Obama or Geithner, either. merrily Apr 2015 #75

I absolutely agree with you. Right from the beginning they did not stand up when it was sabrina 1 Apr 2015 #76

John Oliver calls them dingoes who are hired as babysitters. merrily Apr 2015 #77

I agree with John Oliver. n/t sabrina 1 Apr 2015 #78

Tomorrow, each of us call our one congresscritter and tell them you're waiting for the release TheNutcracker Apr 2015 #7

Banks first. People don't count. Autumn Apr 2015 #9

K&R! Omaha Steve Apr 2015 #10

So funny, just today I was wondering why the banks were allowed to use the bailout money to invest DesertDiamond Apr 2015 #11

How about that, helping overseas banks but not distressed Americans. Troubling- appalachiablue Apr 2015 #13

This is concerning, wonder why Frank is revealing it now. Before leaving Congress appalachiablue Apr 2015 #12

Frank is revealing it now because he's selling hughee99 Apr 2015 #31

That's in the OP & he was just on Bill Maher discussing his book. The timing of it, the year appalachiablue Apr 2015 #35

Arguably the corporate media would have squashed his account had he talked on it earlier... cascadiance Apr 2015 #47

K & R !!! Thespian2 Apr 2015 #15

That's ugly. JDPriestly Apr 2015 #16

The "Obama is a Socialist!" meme was all packaged up and ready for widespread distribution. hunter Apr 2015 #17

Couple of things that I seemed interesting Wellstone ruled Apr 2015 #19

True. Unknown Beatle Apr 2015 #21

Obama doesn't need any more terror posts. Save them for Hillary. merrily Apr 2015 #28

wait...Obama is a water carrier for big business? for jamie dimon?? Doctor_J Apr 2015 #20

K&R for exposure. JEB Apr 2015 #22

bump dreamnightwind Apr 2015 #23

Sorry. I have a dear family member still struggling with all that, too. merrily Apr 2015 #33

thx merrily dreamnightwind Apr 2015 #65

You lost me at "Frank's wrestling with being a closeted gay congressman" Lil Missy Apr 2015 #24

Huh? He was elected to Congress in 1972 and did not come out until 1987. merrily Apr 2015 #29

Some people want very much to not know certain things tkmorris Apr 2015 #56

Worldview or mission? merrily Apr 2015 #73

You should not have stopped reading because if you had continued to read you have sabrina 1 Apr 2015 #55

I am glad the Obama Admin has put systems in place to prevent this in the rhett o rick Apr 2015 #26

Also, bonuses for Executives involved in TARP, incl. AIG: merrily Apr 2015 #27

"He would only do it if the President-elect asked him to.” What kind of B.S. is this? stevenleser Apr 2015 #30

What are you doubting? Bush did say he would not request TARP II unless Obama asked him to merrily Apr 2015 #32

I followed it and that is also ridiculous. He's not the President until inauguration day. stevenleser Apr 2015 #34

It happened and Obama and his advisors very much participated. merrily Apr 2015 #36

That's besides the point. It's ridiculous. nt stevenleser Apr 2015 #38

Again, take it up with Obama if you think it ridiculous. merrily Apr 2015 #40

I don't have to do anything. I'm right. Constitutionally, a President-Elect has zero power. Period. stevenleser Apr 2015 #46

De facto, and clearly, Obama did not agree. merrily Apr 2015 #48

You know ridiculous, that much is for certain. Enthusiast Apr 2015 #62

yep certainot Apr 2015 #45

Really? Paulson and Bush were lame ducks. hughee99 Apr 2015 #51

This is what Obama FUDrs are hanging their hats on, the "percieved" power of an elect not someone uponit7771 Apr 2015 #70

" You’d think someone would have noticed." progressoid Apr 2015 #39

In fairness, media always overlooks a lot of shit and creates diversions. merrily Apr 2015 #41

I wonder how they find enough newprint to cover up the next crash that's coming. nolabels Apr 2015 #42

IMO most mediums are dedicated more to ignoring important stuff and certainot Apr 2015 #49

Makes one wonder if Perhaps Wall Street going Bankrupt might have been the better choice? One_Life_To_Give Apr 2015 #43

I agree with you 100% KansDem Apr 2015 #57

It would have been a lot worse than 1929 SleeplessinSoCal Apr 2015 #58

Reading Larry Summers letter to which the Salon article links, Frank is wrong. ieoeja Apr 2015 #44

Big deal Frank shocking anecdote was on Bush's watch, the Sen from Il was just a Sen. CK_John Apr 2015 #50

K & R !!! WillyT Apr 2015 #52

Well there is this. Buzz cook Apr 2015 #54

It isn't a bombshell to many of us. Many of us have known this from the start. Enthusiast Apr 2015 #59

During the State of the Union Address the President said there are irresponsible home borrowers too. Enthusiast Apr 2015 #63

Was that said at the 2009 SOTU? The blame the homeowner meme is a distortion from appalachiablue Apr 2015 #66

I believe it was the 2009 SOTU. Needless to say I am a huge fan of Krugman and Stiglitz. Enthusiast Apr 2015 #67

There were a lot of stories about that planted in media as well. merrily Apr 2015 #71

Frank is flat out *wrong*. TARP reduced my mortgage payment. ieoeja Apr 2015 #64

A neighbor of my brother got a reduction also. A woman, lawyer, with two kids, the little girl appalachiablue Apr 2015 #68

Frank would know what went on behind the scenes. merrily Apr 2015 #72

why do you think that your individual experience negates everything in the article? Doctor_J Apr 2015 #79

The Greatest Heist in American History, bvar22 Apr 2015 #69