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Paulson is pulling the same stunt that powell did in UN. This is a scam to screw everything

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curious one Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 12:10 AM
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Paulson is pulling the same stunt that powell did in UN. This is a scam to screw everything
that is left of this country. This can wait until next president takes over.
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redstate_democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 12:23 AM
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1. and you have Republican hacks on tv trying to blame all of this
on the poor and minorities! If Dems don't push back on that shit I will be pissed off. The fact is Wall Street is going bust because of

Credit Default Swaps (bets against subprime mortgages that they will default-totally unregulated, in the trillions, made by IBs on Wall Street Gone Wild)
Fucked up bundled mortgage packages (designed to be so fucking cluster-fucked, no one can make heads or tails of what's in them)
Fraud (misrepresentation, SEC violations in the form of bogus and nonexistent disclosures, lying to debtors, possible discriminatory conduct-reverse redlining targeting minorities for subprime loans with ridiculous rates that reset without their knowledge when they could qualify for conventional loans)
Corruption
Deregulation (McCain's team made it happen)
Greed (greedy ass CEO's, hedge fund managers, speculators, stealing from poor people and robbing the treasury)
Ignorance
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