HUD FUD

[zthulu]

I've noticed a lot FUD lately, with some of my usually well-informed friends blaming Bush for the current economic crisis. Let's just take a little trip down memory lane, shall we

Comments

[den_down_unda]

A question. How did Cuomo block the rules preventing purchase of predatory loans in 2004? He didn't even hold a government office in 2004, did he?

Mind you, I'm not disagreeing with your main point, but this seems weird to me.

[zthulu]

Ah, you're right -- it was in 2000 that he did that. I blame the formatting of the article I found that in, and not my reading comprehension skills.. ;)

[ratbastrd]

Sadly, it's not actually socialism. It means that the risks are shared, but not the benefits. That's more feudalism than anything else.

[zthulu]

The benefit is clear -- it has saved us (at least temporarily) from a crash worse than 1929, from millions of retirement funds disappearing overnight, from life insurance policies becoming worthless... the cost, however, is our identity. France is pointing and laughing at us now (albeit in a friendly, 'welcome to the club' kind of way).

[den_down_unda]

Yeah, but they're French. They were pointing and laughing at us before.

[sprockey]

...And they smell!

Or so I'm told.