Bailout (rescue) plan for the economy

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GOP’s latest
ugly fable

 by Gene Lyons
 Link
 Excerpt;

Now come GOP apologists to identify the real
perps of the Wall Street meltdown: Jimmy Carter, 

Bill Clinton, feckless black folks, Mexican Americans
and U. S. Rep. Barney Frank, who’s evidently 

been covertly running Wall Street all this time.
See, while you fretted over Bush screwups in Iraq,
Afghanistan and New Orleans, a sinister, dusky 

cabal built a speculative bubble in ghetto real
estate. Overpriced luxury condos were constructed with 

borrowed money in fashionable Harlem, Watts and
the south side of Chicago; also, downtown Atlanta, 

Newark, St. Louis, Detroit, Memphis and Philadelphia.
In Monopoly terms, the entire U. S. economy 

drained into a black hole of defaulted loans
on Baltic and Mediterranean.
So how come you haven’t heard this before ? Maybe
because you don’t spend enough time watching 

FOX News or listening to GOP talk radio. In those
precincts, the real cause of the national (and world ) 

financial debacle turns out to be an obscure
1977 law known as the Community Reinvestment Act, or CRA."

Edited by Slartibartfast - October 09 2008 at 20:46

Poll Question: Do you support the bailout being voted by Congress?
Poll Choice	Votes	Poll Statistics
Strongly Support	1	[4.17%]
Support	3	[12.50%]
Unsure/indifferent	2	[8.33%]
Oppose	1	[4.17%]
Strongly Oppose	17	[70.83%]
This topic is closed, no new votes accepted

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Slartibartfast Members Profile Send Private Message Find Members Posts Add to Buddy List Reviewer page Collaborator Honorary Collaborator / In Memoriam Joined: April 29 2006 Location: Atlantais Status: Offline Points: 29630	Posted: October 09 2008 at 20:38
	GOP’s latest ugly fable by Gene Lyons Link Excerpt; Now come GOP apologists to identify the real perps of the Wall Street meltdown: Jimmy Carter, Bill Clinton, feckless black folks, Mexican Americans and U. S. Rep. Barney Frank, who’s evidently been covertly running Wall Street all this time. See, while you fretted over Bush screwups in Iraq, Afghanistan and New Orleans, a sinister, dusky cabal built a speculative bubble in ghetto real estate. Overpriced luxury condos were constructed with borrowed money in fashionable Harlem, Watts and the south side of Chicago; also, downtown Atlanta, Newark, St. Louis, Detroit, Memphis and Philadelphia. In Monopoly terms, the entire U. S. economy drained into a black hole of defaulted loans on Baltic and Mediterranean. So how come you haven’t heard this before ? Maybe because you don’t spend enough time watching FOX News or listening to GOP talk radio. In those precincts, the real cause of the national (and world ) financial debacle turns out to be an obscure 1977 law known as the Community Reinvestment Act, or CRA." Edited by Slartibartfast - October 09 2008 at 20:46
	Released date are often when it it impacted you but recorded dates are when it really happened...