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Tekkie®

posted for all of us...

The economy was not as much "looted" as it was artificially inflated
with easy money and subsequently that bubble popped.
The "trillions" that disappeared from the economy never really existed
in the first place. There were 20 years of bad political decisions
that led up to that. There is plenty of blame to spread around. Wall
Street was just doing what the government told them to do. Create a
booming housing market among buyers who were too broke to actually
afford houses.. It was the government that operated Fannie, Freddie,
The Federal Reserve and who repealed virtually all of the New Deal
regulation. You could not have had the derivatives without the CFMA of
2000.

Hey! Greg my friend why do you post the truth? It seems to be wasted on the
masses...

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Tekkie