Ask my family! I made the S&L connection to the current Fiasco. Both due to deregulation.

I called the whole family this weekend to tell ‘em all.

Now of you (a damn good hack in Frisco) and me ( a damn good teacher from Alaska) can figger these connections out, Why can’t the “news” media?

Sheesh. It seems like the expansion fo the media in the 90’s has left REAL journalists out in left field and the loudest, talkiest heads getting the screen time.

Just a few cents worth of opinions.

from North Pole

*and Palin’s been a good govn’r so far. But I don’t want her half a step from the Presidency.

Also, it’s not the main point of your article, but I do think you’re not really fair to Reagan. The USSR was more than an imagined threat, and on balance his economic policy could hardly be described as socialism, even for the rich. We could go into that, but it’s probably not fruitful.

@gus2000- “The American Enterprise Institute is one of the most vocal opponents of climate science” Talk about unfair. As an organization, their stance is clearly one of questioning the theory of global warming, not opposition to “climate science.” The merits of their case on that topic don’t have any bearing on whether their points an article on this similarly complicated subject can be so easily dismissed.

This genius coauthored the book “Dow 36,000: The New Strategy for Profiting From the Coming Rise in the Stock Market”. It was published in 1999 before the dot-com bubble burst, predicting that the Dow would rise to 36,000 by 2004. (I hope none of you playing at home took his investment advice.)

The American Enterprise Institute is one of the most vocal opponents of climate science, casting doubts upon their credibility as well.

“…in 2005 Alan Greenspan told Congress how urgent it was for it to act in the clearest possible terms … “We are placing the total financial system of the future at a substantial risk.”

“What happened next was extraordinary. For the first time in history, a serious Fannie and Freddie reform bill was passed by the Senate Banking Committee.”

“But the bill didn’t become law, for a simple reason: Democrats opposed it on a party-line vote in the committee, signaling that this would be a partisan issue. Republicans, tied in knots by the tight Democratic opposition, couldn’t even get the Senate to vote on the matter.”

“But we now know that many of the senators who protected Fannie and Freddie, including Barack Obama, Hillary Clinton and Christopher Dodd, have received mind-boggling levels of financial support from them over the years … Obama has gotten more than $125,000 in campaign contributions from employees and political action committees of Fannie Mae and Freddie Mac, second only to Dodd”

“Oh, and there is one little footnote to the story that’s worth keeping in mind while Democrats point fingers between now and Nov. 4: Senator John McCain was one of the three cosponsors of S.190, the bill that would have averted this mess.”

[Now please post how this 'reform' bill was actually supposed to solve the issues of corruption and bad lending when McCain was anti-regulation, and also how it is that McCain and the lobbyists running his campaign were taking huge sums of money from FM/FM as well.

I'm not blindly defending democrats or their party; most of the Keating 5 Senators in the S&L scandal were democrats. McCain was not of course. The problems I'm pointing out are not all democrat vs republican. This race really comes down to intelligent and reasoned and educated vs. a celebration of bullshitting, emotional/fear/religious zealotry, and contempt for anyone "elite" enough to have an education in the law. Obama vs McCain is not left vs right, but "working to be smart" vs. "coyly pretending to be an idiot you could drink a beer with and shoot moose." ]