The Mudcat Café TM
Thread #115883   Message #3241856
Posted By: Bobert
20-Oct-11 - 09:26 AM
Thread Name: BS: Popular Views: the Obama Administration
Subject: RE: BS: Popular Views: the Obama Administration
What we have here is a lot of people with 20/20 hindsight... Reality is that it's difficult to put our mindsets back to the September of 2008 when we were seeing something occur that no one alive today had ever seen as an adult...

Lotta Monday morning quarterbacking...

Given the state of the economy in the Fall of '08 the Bush administration probably did what it thought was the responsible thing to do... What the banking community did after TARP, a different story and that's part of what OWS street is all about...

A lot of folks need to be in jail...

The problem is that, with Reaganomics, much of sane baking practices were trashed by the crooks who the bakers got elected so no actual laws were broken because there were no actual laws left...

Restore Glass-Steagall immediately because the crooks are cooking US again...

B~