Comments on: Stocks Mixed In Wake Of Mortgage Bailout

Federal Reserve, Treasury Department Hoped To Boost Investor Confidence In Mortgage Giants

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by david1737 July 14, 2008 6:24 PM EDT
Deregulation. The legislation which paved the way for the Subprime meltdown was called the Gramm Leach Act.

McCain''s economic Guru and co-chair of his campaign is Phil Gramm one of the those who drafted this legislation.

Gramm is key to McCain''s econ. philosophy.




Quote from AP article:

"The general co-chairman of John McCain %u2019s presidential campaign, former Sen. Phil Gramm (R-Texas), led the charge in 1999 to repeal a Depression-era banking regulation law (see Gramm-Leach Act) which contributed significantly to today%u2019s Sub Prime meltdown and economic turmoil."

Google Phil Gramm and find out more!

See you at the voting booth.
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by jntlw-2009 July 14, 2008 6:17 PM EDT
I am appaulled that our Government is bailing out more private companies. Welfare for the rich and corrupt but none for the hardworking poor. What is wrong with this portrait? Who is the idiot who is making these stupid decisions?

I own no stocks or annuities or even a pension , I own no property because I cannot afford any of it. I am 9 years away from retirement and I will be bailing out the rich and corrupt for things I did not even particpated in for my entire life; and then they want to take away my SS - my main source of retirement? How cruel can they be!! Who are the disgusting low lifes scum bags running this diabolical scheme? Nail their A**sses and put them in prision. They are not fit to roam loose. I pray for them to fail miserably in all their endeavors and end up in my predicament. It would serve them right. Do they understand what Jesus meant when he said "what you do unto the least of them, you do unto me"? I don''t think they get it!
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by whitemale08 July 14, 2008 5:41 PM EDT
Bloomberg Breaking News: Washington Mutual may be in trouble!

Why do you think all of your Republican hedge fun buddies are trying to escape to Dubai? Huh?

Now come on Republicans; join forces with Democrats to catch these thieves!
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by underdogus01 July 14, 2008 4:54 PM EDT
Americans are Lazy, Selfish, Mean, Egoist..Posted by getoffmine ...I agree with you...
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by underdogus01 July 14, 2008 4:51 PM EDT
getoffmine HA,HA you friggin pedophile, go to Iraq and fight coward! he,he
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by lochlan-2009 July 14, 2008 4:48 PM EDT
THIS EQUALS INFLATION!!!!!!!!!































































See, I can do it too.
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by lochlan-2009 July 14, 2008 4:44 PM EDT
You mean you need the media to tell you this fact?

Didn''''t your parents teach you to live within your means instead of getting Jumbo Subprime loans to buy that $1 million house with a janitor income?

Posted by lovegetpeace

I don''t, but obviously more then 50% of the voting public do.
As for the rest of your statement, you couldn''t be any further from the mark.
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by underdogus01 July 14, 2008 4:38 PM EDT
Americans are Lazy, Selfish, Mean, Egoist, Posted by lovegetpeace .....
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by underdogus01 July 14, 2008 4:25 PM EDT
lovegetpeace not to mention COWARDS!! IRAN IS CALLING YOU...
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by underdogus01 July 14, 2008 4:24 PM EDT
SHOCK AND AWE! HA,HA,HA
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