what can be done about the looting, danm?

You’ve just proved my point. All this talk about politicans is a red herring. I don’t care who’s right or wrong, the fact is that the country is being looted while everyone is correcting everyone else. Looters love this type of environment.

It seems that most people here keep on arguing without doing anything. They’re all expecting everyone else to do the dirty job so they can just invest their money they’ve saved up and live happily ever after.

What is it with people who think laws are to be blindly respected? Don’t they realize that the US broke the law and the rules of the game when it declared its own independance? The irony is that most Americans actually think the laws were made for them, when they are usually designed to protect the rights of the rich! It’s probably because most Americans still think they are rich as they look at assets without netting out the debt.

Life is a battle with periods of lull. Anyone oblivious to this is doomed to suffer.

“Man the banksters must be having fun. Printing all that money, paying themselves bonuses while everyone else is expecting them to fix the problems or just plain arguing about who’s most ot blame.”

I haven’t argued over who’s to blame. I just expressed surprise that Mr. Neid thinks the tone of this very evenhanded website is, “Yes its all Bush’s fault. LOL”. He’s got a persecution complex.

I’ve lurked here for a number of months, and single-party blame is neither the gist I’ve gotten from this blog, nor from summaries of Barry Ritholtz’s book. TBP is an equal-opportunity castigator.

And it’s a very valid question. The Bush administration was one that had no problem privatizing the banks’ profits and socializing their losses. Bush/Greenspan was a bad combo for the economy; to pretend otherwise is nonsense.

Besides, this quote is jabbing at Obama at least as much as Bush. Here we have a guy who ran on “change”, yet he shows too much willingness to preserve the old ways.

Finally, saying that Krugman is cheering loudly for Rubin’s proteges and methods is moronic. He seems as peeved as anybody that this administration has so many Clinton rehashes:

http://krugman.blogs.nytimes.com/2009/07/19/morning-joe/

And the commenters there are even more negative on Rubin than he is. So your whining that “those people” on progressive websites overlook Rubin’s transgressions is hogwash.

My point stands. The cause of our current dilemmna started in the 90′s with Rubin, Summers and Greenspan by the technical changes they instituted. These same people or their understudies were chosen by Obama to run his economic team and model. It was not an accident. Cheering loudly in the background are the likes of Krugman and Frank for whom no government or spending is too large. They make the dreadful spending of the Bush years look good.

Furthermore to make the claim that this fact is not glossed over by countless popular econ sites, the MSM etc, especially in the comment section by people such as yourself is absurb. The foxes are in the hen house.

Man the banksters must be having fun. Printing all that money, paying themselves bonuses while everyone else is expecting them to fix the problems or just plain arguing about who’s most ot blame.

Have you even read this thread or watched the video?”

Yes. Apparently you haven’t, though.

“The Bush stream is ever present here and at other countless sites and even gets mentioned in the video, as in ‘more of the same Bush years without the bill?’.”

I just watched the video again, and they never said those words.

You’re just fabricating crap to make Bush seem persecuted. The video didn’t bash him, and neither did this thread.

I’m no fan of Rubin, either. But your claim that people here absolve Clinton and bash Bush, while placing blind faith in Obama’s appointments and proposals, is very much unfounded.

Again:

“Yes its all Bush’s fault. LOL.”

This quip only applies to fictional people.