Slog - Comments on Greed Is Not Good http://slog.thestranger.com/2008/07/greed_is_not_good Something that came out of McCain's mouth that's not total rubbish: McCAIN CALLS WALL STREET 'THE VILLAIN' IN SUBPRIME CRISIS Senator McCain put the blame on Wall Street for the home mortgage credit crisis that has roiled financial markets around the world. "Wall Street is the villain in the things that happened in the subprime lending crisis and other areas where investigations and possible prosecution is going on," Mr. McCain said during a taped appearance on ABC's "This Week" program. The Arizona Republican, who has wrapped up his party's presidential nomination, said he supports the housing bill passed by Congress... Copyright 2008 Mon, 28 Jul 2008 08:37:10 -0800 Mon, 28 Jul 2008 21:56:00 -0800 http://www.movabletype.org/?v=3.34 http://blogs.law.harvard.edu/tech/rss Comment by Andrew Where was McCain before the crisis happened but anyone with any basic knowledge of finance and economics KNEW this was going to end up happening? How about some preventive leadership for once instead of fucking crisis management?

]]> Andrew http://slog.thestranger.com/2008/07/greed_is_not_good#c1083648 http://slog.thestranger.com/2008/07/greed_is_not_good#c1083648 Money Mon, 28 Jul 2008 08:58:04 -0800 Comment by John Bailo McCain is the real populist.

Obama is a shell to protect his wealthy Liberal backers.

]]> John Bailo http://slog.thestranger.com/2008/07/greed_is_not_good#c1083653 http://slog.thestranger.com/2008/07/greed_is_not_good#c1083653 Money Mon, 28 Jul 2008 09:04:11 -0800 Comment by dirge So because Wall Street is the villain, he now wants to bail out Wall Street?

Fannie and Freddie's shareholders should be wiped out, the companies should be turned back into wholly public entities.

]]> dirge http://slog.thestranger.com/2008/07/greed_is_not_good#c1083663 http://slog.thestranger.com/2008/07/greed_is_not_good#c1083663 Money Mon, 28 Jul 2008 09:11:44 -0800 Comment by Will in STL Obama is the real populist.

McCain is a shell to protect his wealthy Conservative backers.

]]> Will in STL http://slog.thestranger.com/2008/07/greed_is_not_good#c1083667 http://slog.thestranger.com/2008/07/greed_is_not_good#c1083667 Money Mon, 28 Jul 2008 09:17:52 -0800 Comment by ams I don't understand that last sentence. Is it just me?

]]> ams http://slog.thestranger.com/2008/07/greed_is_not_good#c1083674 http://slog.thestranger.com/2008/07/greed_is_not_good#c1083674 Money Mon, 28 Jul 2008 09:31:01 -0800 Comment by shub-negrorath McCain is the real class warrior, it seems.

]]> shub-negrorath http://slog.thestranger.com/2008/07/greed_is_not_good#c1083677 http://slog.thestranger.com/2008/07/greed_is_not_good#c1083677 Money Mon, 28 Jul 2008 09:34:34 -0800 Comment by flamingbanjo Maybe if we encourage people to invest their Social Security funds in the market, it will somehow reform itself.

]]> flamingbanjo http://slog.thestranger.com/2008/07/greed_is_not_good#c1083725 http://slog.thestranger.com/2008/07/greed_is_not_good#c1083725 Money Mon, 28 Jul 2008 10:04:26 -0800 Comment by Greg Maybe we should start the inevitable bailout by seizing assets from Fannie Mae and Freddie Mac's executives. They should have enough money between them to start paying for this shit sandwich, huh?

]]> Greg http://slog.thestranger.com/2008/07/greed_is_not_good#c1083760 http://slog.thestranger.com/2008/07/greed_is_not_good#c1083760 Money Mon, 28 Jul 2008 10:21:52 -0800 Comment by Will in Seattle I would have blamed the deregulation that got McCain in trouble with the (cheaper) S&L Crisis he so proudly ripped off American taxpayers for.

But then, I'm not lying for President like he is.

]]> Will in Seattle http://slog.thestranger.com/2008/07/greed_is_not_good#c1083789 http://slog.thestranger.com/2008/07/greed_is_not_good#c1083789 Money Mon, 28 Jul 2008 10:32:17 -0800 Comment by CP @6 ,the occasional populist or truthful grumble or fart does not a class warrior make.

Don't expect a class warrior to pop out of either party in our two-party (one party?) state. But one party most certainly, consciously stands for sticking it to regular folks again and again and again. (Hint: they're the ones always pointing at the other side and shouting "elitist!")

(Sadly, the other party just wants a little tenderness and lube to be used before the fucking begins.)

ams @5, that sentence took me 3 times to figure out, too. It's the cost of failure, not the cost of bailout, I think is what's being compared.

]]> CP http://slog.thestranger.com/2008/07/greed_is_not_good#c1085381 http://slog.thestranger.com/2008/07/greed_is_not_good#c1085381 Money Mon, 28 Jul 2008 21:56:00 -0800