Did you even read my article? A Republican firm covertly lobbied other Republicans during their election cycle to not vote for the 2005 reform bill
reply to post by davion
Thanks Davion, I did.
You have searched diligently and found one small piece of blame to put on those horrible Republicans. Thanks!
You are, however, not an analyst, you're not a journalist, your opinion doesn't count any more than mine. However, through the years as the OP and
Scott Card so magnificently said, the Republicans and conservatives, the opposition to the Community Reinvestment Act, the Clinton 1999 Bank Merger
Act and any efforts to reform these Acts to possibly save the nation (and in fact the world economys) from collapse were systematically dismissed,
downplayed, made fun of, ignored and called racist, biggoted and etc. by the MEDIA.
Indeed, if the Republicans HAD BEEN given fair coverage in the media, if their ideas had been carefully and justly analysed, then how could this
possibly have happened? An informed public would surely have chosen reasonable solutions that would have avoided the collapse we are now suffering!
However, an unbiased media is a preposterous joke as we now see! Everyone suddenly realizes the media is incredibly biased to the left.
My point is how much more human suffering, economic carnage, and financial capitulation needs to happen before we decide to do something positive and
correct the bias?
BTW the social healing, the slow process of rebuilding confidence in our financial structure is just beginning and will last months, if not years,
IMHO.
Would this possibly be due to the fact that the best and finest of our political leaders like Barney Frank and Chris Dodds, heads of the House and
Senate Finance Committees repeatedly and forcefully said again and again that there is nothing to worry about, that everything will be "just swell"
(Barney Frank)? While the lap dog media sits by carefully avoiding any (in depth?) analysis to the contrary!
So as you watch your 401K balances tank, and your prospects of a comfortable retirement dwindle as the weeks progress, just thank your "friendly,
unbiased MEDIA" for making it all happen for you!