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Oct

6

The Financial Crisis Explained, Who’s To Blame — A Primer In Picture and Videos

Posted By: 'Okie' | 9:21 am — 10/6/2008 | Comments Off See comments below:

Reid, Pelosi, Frank -- It's all good

Good ol’ Harry Reid, Nancy Pelosi and Barney Frank — Keep those smilin’ mugs in mind as you contemplate that the Dow has dropped over 500 points off its low this AM — where it will be by day’s end we’ll have to wait and see. The Brits’ market is tanking! From the Telegraph.co.UK:

We face extreme danger. Unless there is immediate intervention on every front by all the major powers acting in concert, we risk a disintegration of global finance within days. Nobody will be spared, unless they own gold bars.

Asian markets, too. Now, even the Pope is weighing in.

Who’s really to blame for all this? If you read the LA Times, the NY Times, watch CNN or other television news besides Fox — it must be George Bush’s fault. The administration never warned the Congress about the Fanny/Freddie problem. Congressional leaders never said it was all good. Really? Think again . . .

Now watch this next one — it explains a lot!

Hopefully McCain will bring up the Fanny/Freddie meltdown in tomorrow’s debate. He was dead right about it years ago while the Congressional Dems were getting big bucks in donations from those entities and blocking all measures for more oversight. Hit ‘em John — go for the knockout punch!

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