Comments on: How Merrill, Goldman and the Brothers Lehman made their Money http://www.mentalfloss.com/blogs/archives/18459 Feel Smart Again Mon, 13 Feb 2012 13:44:00 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: Ouisa http://www.mentalfloss.com/blogs/archives/18459/comment-page-1#comment-97718 Ouisa Wed, 17 Sep 2008 20:48:38 +0000 http://www.mentalfloss.com/blogs/archives/18459#comment-97718 Interesting read as always. However Valerie the Democrats really should have stood up in 2000 when Phil Gramm dropped 200+ regulation bill into a larger spending bill that essentially deregulated the markets and securities that have caused the collapses we are seeing now. www.motherjones.com/mojoblog/archives/2008/09/9718_mccain_lehman_crisis_gramm.html www.motherjones.com/news/feature/2008/07/foreclosure-phil.html Of course you can't also blame the Fannie and Freddy's own account manipulations on Democrats. Interesting read as always. However Valerie the Democrats really should have stood up in 2000 when Phil Gramm dropped 200+ regulation bill into a larger spending bill that essentially deregulated the markets and securities that have caused the collapses we are seeing now.

http://www.motherjones.com/mojoblog/archives/2008/09/9718_mccain_lehman_crisis_gramm.html

http://www.motherjones.com/news/feature/2008/07/foreclosure-phil.html

Of course you can’t also blame the Fannie and Freddy’s own account manipulations on Democrats.

]]> By: CV http://www.mentalfloss.com/blogs/archives/18459/comment-page-1#comment-97607 CV Wed, 17 Sep 2008 14:40:17 +0000 http://www.mentalfloss.com/blogs/archives/18459#comment-97607 Greed, over speculation, privatizing profits and socializing losses is the issue here and its knows no political party boundaries. Free markets work well when things are going well. Praised to the heavens - thank goodness for the "invisible hand". When the party's over and sh*t hits the fan, that same praise of the free market is eschewed and the government gets called in. Just get your tax mop ready to clean up the mess. Greed, over speculation, privatizing profits and socializing losses is the issue here and its knows no political party boundaries. Free markets work well when things are going well. Praised to the heavens – thank goodness for the “invisible hand”. When the party’s over and sh*t hits the fan, that same praise of the free market is eschewed and the government gets called in. Just get your tax mop ready to clean up the mess.

]]> By: Valerie http://www.mentalfloss.com/blogs/archives/18459/comment-page-1#comment-97581 Valerie Wed, 17 Sep 2008 09:21:09 +0000 http://www.mentalfloss.com/blogs/archives/18459#comment-97581 If only the Dems had not blocked the Bush admin's efforts a few years back... If you query the NYT, you'll find an article about it called ''New Agency Proposed to Oversee Freddie Mac and Fannie Mae'' back in 2003... :o If only the Dems had not blocked the Bush admin’s efforts a few years back…
If you query the NYT, you’ll find an article about it called ”New Agency Proposed to Oversee Freddie Mac and Fannie Mae” back in 2003…

:o

]]> By: Harl Delos http://www.mentalfloss.com/blogs/archives/18459/comment-page-1#comment-97503 Harl Delos Tue, 16 Sep 2008 19:07:42 +0000 http://www.mentalfloss.com/blogs/archives/18459#comment-97503 You forgot "Merrill Lynch, Pierce, Fenner & Smith", which was their name from 1958 until 1973. You forgot “Merrill Lynch, Pierce, Fenner & Smith”, which was their name from 1958 until 1973.

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