tag:blogger.com,1999:blog-30603050.post5058679497270232769..comments2023-10-10T12:29:32.468-04:00Comments on Bleier's Blog: Mark Crispin Miller (emptywheel) NO! to bailout + urls + Alex Cockburn etcRonaldhttp://www.blogger.com/profile/06894911763711058827noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-30603050.post-44261039032854973252008-09-22T13:22:00.000-04:002008-09-22T13:22:00.000-04:00N began by quoting from my blog: >rbleier@igc.o...N began by quoting from my blog: <BR/>>rbleier@igc.org writes:<BR/>><BR/>>Fewer I suspect agree with me that the reason that they are chortling while<BR/>>we piss our pants is because they actively want to destroy the possibility <BR/>of <BR/>>civil life everywhere, in order to exercise their power of destruction.<BR/>><BR/>><BR/>> You are right, Ron, I don't agree. Do you really think that they are<BR/>>jumping up and down with glee that they have destroyed the world's premiere<BR/>>financial system? Maybe if they were Marxist revolutionaries. . . Personally,<BR/>I <BR/>>think they are driven by the more dangerous fantasy that they are doing their<BR/>>civic duty to help and protect the people. <BR/>> <BR/>> Anyhow, do you happen to have an URL for your Spitzer reference? --N<BR/><BR/>Ronald replied:<BR/><BR/>Thanks, N. Yes, I believe that they opportunistically now and previously<BR/>intended the destruction of the economy from day one with their outrageous tax cuts<BR/>which everybody knew at the time would harm (devastate?) the economy.<BR/>Revolutionary? Yes, (Marxist, no) <BR/>Is there any doubt that they are revolutionary? I like to use the term exceptional;<BR/>in the sense that no other US administration has meant to destroy civil society <BR/>as their primary goal. Pol Pot comes to mind as a not too politically incorrect <BR/>example from last century as does Radovan Karadzic.<BR/>Here's the beginning of the Spitzer op ed and a url.<BR/>Ronald<BR/>***<BR/><BR/><BR/>Predatory Lenders' Partner in Crime<BR/>By Eliot Spitzer<BR/>The Washington Post<BR/>http://www.truthout.org/article/eliot-spitzer-predatory-lenders-partner-crime-0<BR/><BR/>Thursday 14 February 2008<BR/><BR/>How the Bush administration stopped the states from stepping in to help consumers.<BR/>Several years ago, state attorneys general and others involved in consumer protection<BR/>began to notice a marked increase in a range of predatory lending practices by mortgage<BR/>lenders. Some were misrepresenting the terms of loans, making loans without regard<BR/>to consumers' ability to repay, making loans with deceptive "teaser"<BR/>rates that later ballooned astronomically, packing loans with undisclosed charges<BR/>and fees, or even paying illegal kickbacks. These and other practices, we noticed,<BR/>were having a devastating effect on home buyers. In addition, the widespread nature<BR/>of these practices, if left unchecked, threatened our financial markets.<BR/><BR/>Even though predatory lending was becoming a national problem, the Bush administration<BR/>looked the other way and did nothing to protect American homeowners. In fact, the<BR/>government chose instead to align itself with the banks that were victimizing consumers.<BR/>[read more: see url above]<BR/>><BR/>><BR/><BR/>September 22, 2008Ronaldhttps://www.blogger.com/profile/06894911763711058827noreply@blogger.comtag:blogger.com,1999:blog-30603050.post-76333812622145248062008-09-22T13:19:00.000-04:002008-09-22T13:19:00.000-04:00This comment has been removed by the author.Ronaldhttps://www.blogger.com/profile/06894911763711058827noreply@blogger.com