tag:blogger.com,1999:blog-11719208.post1745228133276896292..comments2023-11-05T04:36:14.223-08:00Comments on The Mess That Greenspan Made: Ten trillion dollars to save the worldTimhttp://www.blogger.com/profile/16530974968126497397noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-11719208.post-71504407901857710162009-02-10T21:07:00.000-08:002009-02-10T21:07:00.000-08:00I had that same thought...I had that same thought...Timhttps://www.blogger.com/profile/16530974968126497397noreply@blogger.comtag:blogger.com,1999:blog-11719208.post-38419627372857347322009-02-10T19:52:00.000-08:002009-02-10T19:52:00.000-08:00Just a thought: Wouldn't it be cheaper to just sim...Just a thought: Wouldn't it be cheaper to just simply pay off every mortgage in America? Then all those mortgage backed funky financial instruments would become sound. And relieving everyone of their mortgage payments means we can restart the the consumption bubble.<BR/><BR/>Failing that, can Obama simply pay off my mortgage?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-20003507218281649162009-02-09T20:28:00.000-08:002009-02-09T20:28:00.000-08:00$1,430 is a ton of money if you live in one of tho...$1,430 is a ton of money if you live in one of those countries where it only takes $0.12 a day to feed a kid. By contrast, in America, where our kids eat McGriddles® for breakfast at $2.20 a pop, $1,430 doesn't sound like much.<BR/><BR/>I work in IT. When a computer gets just slightly corrupt, I "burn it down" and start over again meaning: wipe the drive completely and reinstall everything from the ground up. I suggest we burn this gov't down - not literally, but in the context I gave.Danhttps://www.blogger.com/profile/14611189349119964821noreply@blogger.comtag:blogger.com,1999:blog-11719208.post-42624532506641160132009-02-09T20:08:00.000-08:002009-02-09T20:08:00.000-08:00If Bloomberg had a website where they were collect...If Bloomberg had a website where they were collecting money for legal fees to fight the Treasury/Fed I'd gladly make a small contribution. Multiply that by who knows how many others and you'd be talking some serious money to fight the government for our Constitutional rights.<BR/><BR/>Our own US Treasury is trying to deny taxpayers the right to know who it is that they are bailing out. Unbelievable!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-38882337516356593982009-02-09T19:02:00.000-08:002009-02-09T19:02:00.000-08:00This is the biggest scam in financial history. Obv...This is the biggest scam in financial history. Obviously the notion that subprime borrowers are at the root of the problem is ridiculous. Maybe the spark, but not the "root". $10 Trillion was approx. the value of ALL US mortgages in mid 2008. Clearly the disaster is in the massive and unknown amount of derivative investments i.e. credit default swaps etc. What a mess!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-63261517388882522682009-02-09T18:46:00.000-08:002009-02-09T18:46:00.000-08:00We'ze been robbed. Kerry had it right, you know --...We'ze been robbed. Kerry had it right, you know -- biggest bunch of crooks in history...donnahttps://www.blogger.com/profile/00762690167864156774noreply@blogger.com