Clinton could have done something.

ironsides

Executive Branch Member
Feb 13, 2009
8,583
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United States
Would have been a lot easier if he caught it back then. Bush and all the others just added to it, including today's 'Glorious Leader".
 

Highball

Council Member
Jan 28, 2010
1,170
1
38
I'm not about to lay the blame at the feet of Bill Clinton. He wasn't the only politician to be forewarned of what was coming. Chris Dodd, Barney Frank and others had a "Heads up" too. Frank assisted in laying trhe groundwork for this to happen alone with Maxine waters and John Conyers. But in my opinion this was an engineered event overseen by very powerful wealthy business conglomerates like Goldnman Sachs, B of A, Wells Fargo, Chase and others. I think the group tutored by hank Paulson from Goldman sachs set the steg fior the event and Paulson retired to become the Secretary of the Treasury to oversee this scheme and make sure it went off without a hitch. When Bush and Paulson appeared on a TV News Special to tell us the nation was going to be in financial oblivion by the next week was my clue there was something afoot. The plan was to stampede us into some hasty actions. We fell for it and now look at the mess. Where is Paulson now? At his offshore Villa with the loot in a foreign bank out of reach from any legal actions initiated in the US. We got slicked by a smooth operation of swindlers.
 

damngrumpy

Executive Branch Member
Mar 16, 2005
9,949
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kelowna bc
The truth of the matter is, the whole mess began before Clinton. Not the
down turn but the infrastructure that led to it. Its humble beginnings went
back to Ronald Reagan and his trickle down, deregulation process. Bush
Senior carried on where Ronnie left off and Clinton merely exploited a good
thing.
The real problem manifested itself when W came to power, it was a classic
case of having Gilligan take over running the Island. It became finance on
steroids. Most people do not realize the problem is still with us and if the
balance of finance tips the wrong way over a quadrillion dollars of toxic debt
will fall out of the sky a generation of recession.
This is a case of where politicians allowed big business and even worse the
day traders, to set the policy and pace of creating risky wealth and unsupported
debt.
Blame Clinton is the phrase from a desperate Republican boiler room that has
little or nothing else to offer except desperation. I have been listening to the
GOP candidates and pundits and God help us all if they were to be re-elected
to run America. We would do little more than kick a helpless carcass to death.
America and Europe are about to pay for the selfish waste they have participated
in for nearly a hundred years.
Republicans are more worried about their power, and a birth certificate than they
are about the plight of Americans. They have wrapped themselves in the flag,
religion and slogans. Republicans are willing to engage in actions without any
solutions, Contrast that with Obama and Americans have little choice but to support
him. Is he the great hope? Perhaps not but he is the alternative to the voices of
conspiracy theories, rhetoric and mental imbalance. God what a mess, Obama has
been handed the biggest dung pile in history without the financial resources to fix
the problems.
The Republicans and the Muslims have one or two things in common, they both want
to go back to the middle ages or the dark ages. They are waiting for some spiritual
savior rather than using their heads, and embracing the future with hope and progress.
Politics is polarized and when that happens both sides engage in rhetoric rather than
solution. That is perhaps, because, for America there are few solutions and the problems
are getting worse. The only thing that could be worse is someone like Sarah Palin
becoming President.
 

Icarus27k

Council Member
Apr 4, 2010
1,508
7
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This is why I wanted President Obama to appoint Brooksley Born the Federal Reserve Chair when he had the chance in 2010.

Sadly, Obama reappointed Ben Bernanke.
 

TenPenny

Hall of Fame Member
Jun 9, 2004
17,467
139
63
Location, Location
Brooksley Born would have been a much better choice.

Yes, it would have been nice to recognize someone who saw the approaching disaster and tried to stop it, as opposed to those who continued to ensure their friends made off with the fortune. Oh, wait, that's the whole point, isn't it? Turn a blind eye when it's your friends who are stealing everyone blind.
 

petros

The Central Scrutinizer
Nov 21, 2008
117,228
14,251
113
Low Earth Orbit
This is why I wanted President Obama to appoint Brooksley Born the Federal Reserve Chair when he had the chance in 2010.

Sadly, Obama reappointed Ben Bernanke.
Why would you even want a Federal Reserve in the first place? Buying money from a private bank does America what good?

Why not do something good and bomb Osama ben Bernancke's compound?
 

gopher

Hall of Fame Member
Jun 26, 2005
21,513
66
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Minnesota: Gopher State
Are all Democrats this whiny?
Quite the contrary - why are you Republicans so whiny???

On many of your fellow Pukesters threads you continue to say stop blaming Bush for the mess he started and we we see today. Yet, none of you ever stop blaming Clinton for the mess created by Bush.

So what's it gonna be?
 

JLM

Hall of Fame Member
Nov 27, 2008
75,301
548
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Vernon, B.C.
Quite the contrary - why are you Republicans so whiny???

On many of your fellow Pukesters threads you continue to say stop blaming Bush for the mess he started and we we see today. Yet, none of you ever stop blaming Clinton for the mess created by Bush.

So what's it gonna be?

They are all guilty of multiple skulduggery.
 

gopher

Hall of Fame Member
Jun 26, 2005
21,513
66
48
Minnesota: Gopher State
They are all guilty of multiple skulduggery.

It would be nice if these right wingers at least tried to show some manner of principle. Shut up about Bush, they say, but they won't shut the hell up about Clinton. Such damn hypocrisy!