Comments on: The Deeper Financial Crisis The Candidates Are Ignoring http://www.mediachannel.org/wordpress/2008/02/20/the-deeper-financial-crisis-the-candidates-are-ignoring/ As The Media Watches The World, We Watch The Media Tue, 02 Dec 2008 22:45:34 +0000 http://wordpress.org/?v=2.0.5 by: JON http://www.mediachannel.org/wordpress/2008/02/20/the-deeper-financial-crisis-the-candidates-are-ignoring/#comment-11555 Wed, 20 Feb 2008 22:58:07 +0000 http://www.mediachannel.org/wordpress/2008/02/20/the-deeper-financial-crisis-the-candidates-are-ignoring/#comment-11555 Bryon Right ON---Danny knows not of what he speaks. Denise Pull your head out!! It takes two to tango girl. Dishonest brokers sellers of paper and all but a big part was greedy buyers in droves heading to the slaughter, entranced by a line way to good to be true. Both have to pay a heavy price. The first to get hit are the buyers,the the paper manipulators will be next. Unfortunately the real bad guys, the ones who looked the buyer in the eye arranged high appraisal, you know the standard used car salesman,they will be long gone and never really nailed for their part in this. Keep in mind though that for any con to work you have to have a counterpart with the greed to to be played to The upper and mid types are loosing their a$$ets big time, And unfortunately a lot investors in so called "safe" money market accounts are losing big time too. Thats life--get it straight the gov'ment can't protect you from it or yourself!!! Bryon Right ON—Danny knows not of what he speaks.
Denise Pull your head out!! It takes two to tango girl.
Dishonest brokers sellers of paper and all but a big part was greedy buyers in droves heading to the slaughter, entranced by a line way to good to be true.
Both have to pay a heavy price. The first to get hit are the buyers,the the paper manipulators will be next. Unfortunately the real bad guys, the ones who looked the buyer in the eye arranged high appraisal, you know the standard used car salesman,they will be long gone and never really nailed for their part in this. Keep in mind though that for any con to work you have to have a counterpart with the greed to to be played to The upper and mid types are loosing their a$$ets big time, And unfortunately a lot investors in so called “safe” money market accounts are losing big time too. Thats life–get it straight the gov’ment can’t protect you from it or yourself!!!

]]> by: Cord;ey Coit http://www.mediachannel.org/wordpress/2008/02/20/the-deeper-financial-crisis-the-candidates-are-ignoring/#comment-11552 Wed, 20 Feb 2008 22:50:39 +0000 http://www.mediachannel.org/wordpress/2008/02/20/the-deeper-financial-crisis-the-candidates-are-ignoring/#comment-11552 The f4ree press has again played dodge ball with the economic truth as well as the rest of what truth entails. I used to think reporters were rock stupid or bone lazy, now I know they are simpletons with education. Economics can be made difficult generally by people in the embezzlement line: bankers, publishers and lawyers. After working on S&L for a while I learned that pros were robbing everyone around them blind and buying off the regulators just like the Mexican Police, dope dealers and other civic fathers. Not hard to see and it makes growing corn look difficult. When I took my findings into the Denver Post Howard the Business Editor told me to stop waisting his valuable time. He went back to the Times crossword puzzle and writing words of praise for Silverado. When Don Bolwles was blown up no one could connect the dots to Joe Bananas the then local crime boss. While the narco war rages across the border U.S. Attorney Johnny Sutton cannot understand what is happening. And as the economic ship is holed by massive fraud all our wise leaders can do is cut interest rates and give away borrowed money. This is theater of Cruelty with Bush playing Curly, Larry and Moe. The f4ree press has again played dodge ball with the economic truth as well as the rest of what truth entails.
I used to think reporters were rock stupid or bone lazy, now I know they are simpletons with education.
Economics can be made difficult generally by people in the embezzlement line: bankers, publishers and lawyers. After working on S&L for a while I learned that pros were robbing everyone around them blind and buying off the regulators just like the Mexican Police, dope dealers and other civic fathers. Not hard to see and it makes growing corn look difficult.
When I took my findings into the Denver Post Howard the Business Editor told me to stop waisting his valuable time. He went back to the Times crossword puzzle and writing words of praise for Silverado.
When Don Bolwles was blown up no one could connect the dots to Joe Bananas the then local crime boss.
While the narco war rages across the border U.S. Attorney Johnny Sutton cannot understand what is happening.
And as the economic ship is holed by massive fraud all our wise leaders can do is cut interest rates and give away borrowed money. This is theater of Cruelty with Bush playing Curly, Larry and Moe.

]]> by: Denise Richardson http://www.mediachannel.org/wordpress/2008/02/20/the-deeper-financial-crisis-the-candidates-are-ignoring/#comment-11547 Wed, 20 Feb 2008 21:37:43 +0000 http://www.mediachannel.org/wordpress/2008/02/20/the-deeper-financial-crisis-the-candidates-are-ignoring/#comment-11547 "...Who is ready to stand up and organize a national mobilization to stop this outrage? Who is ready to fund it?" And therein lies the problem...many victims (see msfraud.org)have been organized and vocal, but without the needed funding to expose the awful truth behind the story, their voices continue to be silenced by media reports that paint the problem as they continue to view it, through deceptive smoke and mirrors specifically designed to place the blame on the shoulders of the borrowers. “…Who is ready to stand up and organize a national mobilization to stop this outrage? Who is ready to fund it?”

And therein lies the problem…many victims (see msfraud.org)have been organized and vocal, but without the needed funding to expose the awful truth behind the story, their voices continue to be silenced by media reports that paint the problem as they continue to view it, through deceptive smoke and mirrors specifically designed to place the blame on the shoulders of the borrowers.

]]> by: Bryan http://www.mediachannel.org/wordpress/2008/02/20/the-deeper-financial-crisis-the-candidates-are-ignoring/#comment-11546 Wed, 20 Feb 2008 21:31:24 +0000 http://www.mediachannel.org/wordpress/2008/02/20/the-deeper-financial-crisis-the-candidates-are-ignoring/#comment-11546 Danny, David Walker is Comptroller General, not the Comptroller of the Currency. The Comptroller General is the head of the GAO and doesn't get into monetary or economic policy, except on a review basis. John C. Dugan is the Comptroller of the Currency and as such supervises national banks, see his repsonse to Gov. Spitzer http://www.occ.gov/ftp/release/2008-16.htm, where he asks what state regulators have done in their responsibility to regulate state-licensed lenders and brokers who have originated the vast majority of subprime loans that are causing the majority of problems in the news. Danny,

David Walker is Comptroller General, not the Comptroller of the Currency. The Comptroller General is the head of the GAO and doesn’t get into monetary or economic policy, except on a review basis.

John C. Dugan is the Comptroller of the Currency and as such supervises national banks, see his repsonse to Gov. Spitzer http://www.occ.gov/ftp/release/2008-16.htm, where he asks what state regulators have done in their responsibility to regulate state-licensed lenders and brokers who have originated the vast majority of subprime loans that are causing the majority of problems in the news.

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