View Poll Results: cause of financialmeltdown

Voters
24. You may not vote on this poll
  • the cra

    3 12.50%
  • bill clintons deregulation

    7 29.17%
  • gwb's deregulation

    7 29.17%
  • the repeal of glass steagal

    8 33.33%
  • the community futures modernization act

    3 12.50%
  • corrupt politicians and ignorant masses

    14 58.33%
  • bipartisan acts towards failure

    3 12.50%
  • the chinese

    0 0%
  • other-explain

    8 33.33%
  • i really dont know/and/or care

    1 4.17%
Multiple Choice Poll.
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Thread: the real cause of the financial meltdown

  1. #11
    Discount Philosopher
    specklebang's Avatar
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    Re: the real cause of the financial meltdown

    Sorry, It was a philosophical question, not a real question. Some days I'm just too dramatic.

    Quote Originally Posted by beerftw View Post
    im not gonna give away answers,its a poll.

    i simply pointed out the gwb deregulaion was a ignorance trap because bush didnt deregulate the financialsector.i put that there after reading numerous op ed pieces blaming bush for starting the crisis by signing the repealof glass steagall and the cfma,problem was both occured under clinton,i also noticed alot ofop ed pieces belive bush stepped into office in jan 21 2000 and obama stepped in jan 21 2008,showing high levels of ignorance among people on the internet.

    btw chinese being the problem may be a ignorance trap too,anything gwb related not covered under deregulation counts as other.

  2. #12
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    Re: the real cause of the financial meltdown

    Most of the questions are merely contributing factors. The real cause is our society adopting casino capitalism as legitimate, and dropping actual investment in productive enterprise.

  3. #13
    User Nordenkalt444's Avatar
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    Re: the real cause of the financial meltdown

    It's mostly deficit spending, corrupt politicians and lack of responsibility in congress.

  4. #14
    Sage
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    Re: the real cause of the financial meltdown

    Deregulation, failure to re-regulate when it was obvious that it was a mistake, a government that ignored the warning signs, people who were idiots and thought they could live beyond their means, dishonest banks without oversight, there's more than enough blame to spread around.
    There is nothing demonstrably true that religion can provide the world that cannot be achieved more rationally through entirely secular means.

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  5. #15
    Liberal Fascist For Life!


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    Re: the real cause of the financial meltdown

    Quote Originally Posted by beerftw View Post
    im surprised gwd deregulationgot2 votes,it was a trick there to see if people actually knew.bush added more regulations than he deregulated,and all bank deregulation happened under clinton and regan,not bush.

    the stupid trap works
    Wow, some one actually beleives that quantity of regulations is the important factor, and not what the regulations actually do.
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

    Quote Originally Posted by Fiddytree View Post
    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

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