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Originally Posted by jorgelito
Agreed, S&L was the crap and totally uncalled for. As for USSR, yes hindsight does skew things a bit, but given the context, I think The Gipper did all right.
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I would have grabbed a really big stick and gone out for blood had I been president, just like I would be doing right now. These kinds of failures are completely unacceptable and you have to scare the shit out of the next generation of congresspeople and captains of industry so that they do their best to avoid it. The president isn't just a figurehead, he (or she) has real clout and has a lot of weight to toss around be it in government and the private sector.
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Originally Posted by jorgelito
Maybe, maybe not. I think it would depend on what kind of regulation and hopefully, there will be enough people in the middle to keep extremists on either side at bay. We have to let them know it can longer be "business as usual" you know? Maybe the elections will yield an interesting make up in the Congress (more moderates, middle, progressive types from any party and indies). But yes, I also agree with the last one.
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Start with letting the OFHEO do their job. The Office of Federal Housing Enterprise Oversight was built specifically to ensure that government sponsored enterprises function correctly. Congress stopped the OFHEO from doing their jobs with Fannie and Freddie because they were concerned about messing up the housing boom (talk about a lack of foresight, yikes). Fast forward 3 years and *surprise!* the tax payers are dropping billions on someone else's mistake.
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Originally Posted by jorgelito
I was thinking the same thing! Really, enough is enough. Accountability and responsibility (supposed tenets of conservatives and Republicans).
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Let's just share that one.
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Originally Posted by jorgelito
I like your open mindedness and outlook. I happen to agree as well. Thanks for your candor and for sharing your thoughts.
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You running for office?
