Quote:
Originally Posted by woj
There is a lot of noise and finger pointing in the media, I have yet to see any obvious signs of any widespread criminal activity or any signs of "them" trying to screw everyone... some actions that have been taken may seem criminal in hindsight, but when taken in context, they all made business sense...
There is likely some shadiness going on, "this asset is practically riskfree" is really no different than "we convert 1 in 50"... but stuff like that is pretty much par in any industry...
You are making it sound like "they" are plotting to screw everyone, I don't see any evidence of that..
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I don't know if you just don't follow the news or you're just being willfully ignorant? Take the Koch brothers for example, one of their companies was exposed paying bribes to win contracts, they thwarted a US trade ban with Iran to sell them millions of dollars of petrochemical equipment(this is a country that sponsors global terrorism), they rig prices, constantly run afoul of enviromental regulations and they've spent more than $50 million to lobby in Washington since 2006. They also fund Americans for prosperity which funds the Tea Party which pays people like Sarah Palin and Glenn Beck to speak. David Koch is in fact the founder of Americans for Prosperity. These two are like real-life fucking supervillains, and they're worth about $30 billion dollars a piece.
http://www.bloomberg.com/news/2011-1...ran-sales.html
As for who to blame for the finacial crisis, Time magazine did a piece on that:
http://www.time.com/time/specials/pa...877339,00.html