Stuart Carlson by Stuart Carlson

Stuart Carlson

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  1. Jeddidyah

    Jeddidyah said, about 2 years ago

    More like you had too chose…do you spend your political capital on prosecuting wall street or do you spend it on getting legislation passed to save what is left of the economy from sliding into a full Depression…but in case you didn’t notice the worst offender – Country – now part of BofA is in court being sued by the Federal government for not screening all those loans they approved to ineligible home buyers which they ten passed on to Fanny and Freddy who took them at their word.

  2. Jeddidyah

    Jeddidyah said, about 2 years ago

    More like you had too chose…do you spend your political capital on prosecuting wall street or do you spend it on getting legislation passed to save what is left of the economy from sliding into a full Depression…but in case you didn’t notice the worst offender – Country Wide– now part of BofA is in court being sued by the Federal government for one billion for not screening all those loans they approved to ineligible home buyers which they then passed on to Fanny and Freddy who took them at their word.

  3. Michael wme

    Michael wme said, about 2 years ago

    President Obama has ordered vigorous prosecution of those responsible for the sub-prime crisis. Clinton signed the law making the sub-prime and the CDO legal, so the bankers are innocent victims under US law.


    The sub-prime document given to borrowers said Payment $750 (until end of teaser period, when payment will be u( r )= ∫c( r ) e(w) dr) .


    The sub-prime loan document stated that the borrower would be able to pay in full. Borrowers who cannot meet the post-teaser payments (about $3,000) are guilty of fraud, and the Obama administration is putting them in gaol where they belong, since they were entirely responsible for the sub-prime crisis!


    Governor Romney hasn’t addressed any of the sub-prime issues, but implies that the loss of jobs had nothing to do with sub-primes and CDOs, the crisis was entirely caused by Obama’s election which scared employers into laying off employees.


    We have a major choice Tuesday week. I hope everyone makes the right one.

  4. dtroutma

    dtroutma GoComics PRO Member said, about 2 years ago

    It took time, a blind administration (okay-“co conspirators”) to bring on the crash, and their friends in Congress did nothing.

  5. ConserveGov

    ConserveGov said, about 2 years ago

    So I assume “fat cats” includes union bosses and trial lawyers that have bankrolled the Dems for decades.

  6. Justice22

    Justice22 said, about 2 years ago

    @ConserveGov

    Huh?

  7. Rad-ish

    Rad-ish GoComics PRO Member said, about 2 years ago

    I have heard people from several camps say so much money has disappeared it is as if a breakaway civilization is being financed.

  8. Ez2foome

    Ez2foome said, about 2 years ago

    @Justice22

    You have to forgive ConserveGov. He’s blind to the truth and believes the Obama administration is guilty of creating everything he doesn’t like. ; – )

  9. walruscarver2000

    walruscarver2000 said, about 2 years ago

    @ConserveGov

    I keep hearing about unions but I keep seeing the Koch bros.

  10. Fuzzy Thinker (I)

    Fuzzy Thinker (I) GoComics PRO Member said, about 2 years ago

    @Orthodox Catholic

    “… banksters OWN Washington DC. They say jump and congressmen…” The Frank-Dodd Regulations were passed by a majority of House and Senate. Banks hate these regulations.
    What is needed from Congress:
    1. Sales tax of 1% on all high volume Financial Transactions to go into a ‘Next Meltdown’ fund
    2. Payment of 9% capital gains tax at the time of Sale of Financial Instruments
    3. Reduce the allowed borrowing percent to buy Stocks and Oil Futures

  11. meetinthemiddle

    meetinthemiddle said, about 2 years ago

    @Michael wme

    Once I said to my Republican broker that the actual loans were only about 10% of the problem and that the credit default swaps were 90% of it; his response was that the loans were only about 1% of the problem.

    The Wall St people were not innocent victims. Magnitar, JP Morgan, and Goldman conspired to make fiscal time bombs to bet against them, and made a lot of money doing so. To most rational people, that’s fraud.

  12. MortyForTyrant

    MortyForTyrant said, about 2 years ago

    These people hold the USA (and the world) hostage. If you hit them they kill the economy. Bow to your new masters. Bow, I said!

  13. kamwick

    kamwick said, about 2 years ago

    @meetinthemiddle

    Time for a new broker, friend. Better yet, do your own.

  14. Respectful Troll

    Respectful Troll said, about 2 years ago

    I have belonged to a credit union for over 30 years. Never had a problem and I heard of no credit unions that went under.
    Congress passed the legislation that allowed the bankers to use practices and formulas that put us in this recession and destroyed pension fund nationwide. Most of those legislators are still in office. And Obama should NOT have put Wall Street insiders in charge of these problems. It totally discredited the promises he made to reform and regulate the banks. The fact that Republicans were against regulation and reform as well only made it worse.
    Respectfully,
    C.

  15. walruscarver2000

    walruscarver2000 said, about 2 years ago

    @Dycel

    Neocon is a con. As in con job. Your leg has been pulled completely out of its socket. If you can’t see that maybe you should join our group of rightwingers. They are on the little bus.

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