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What Would a Conservative Do?

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NCVol:
Nice video.  It's a decent point that maybe Raines should have been prosecuted.  But then the video fails to mention the heads of GS, CITI, JPM, and many, many others who ran fraudulent operations, made out like bandits, and weren't prosecuted.  Then it goes on and blames AIG and Lehman Brothers on Fannie and Freddie.  Explain that to me.  How does Fannie and Freddie contribute to the collapse of AIG, who lost by writing insurance on derivatives they couldn't pay off?  I think their business plan was accept premiums on insurance policies and pretend that there was not actually anything insured that would EVER suffer a loss.  It's a helluva damn insurance company that pretends that they'll never have to pay off any claim, I can tell you that much.  Or Lehman, whose major sin seems to be they competed with Paulson's old firm GS and did NOT have a former CEO in the WH at the time they were divvying up the financial system and trillions in Fed and Treasury money?

Explain that to me, because I don't get it.

While you're at it, answer the question.  WWaCD to fix this economy.  We know what you're against, what are you FOR? 

Flummoxed Lummox:
Quote

While you're at it, answer the question.  WWaCD to fix this economy.  We know what you're against, what are you FOR?

NC Vol,

Good luck getting a responsive answer from the SCREAMER. As you point out, the SCREAMER can tell you what he doesn't like. But when it comes to real solutions to economic problems, the SCREAMER can't offer any concrete answers, other than tax cuts for multimillionaires.

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