Friday, December 17, 2010

A Republi-CON Bankster Whitewash

Don't listen to those waskly Republi-cons, who believe "that Washington and the regulators are there to serve the" Banksters. The economic crisis was caused by a housing "bubble [that] was inflated by irresponsible lending, made possible both by bank deregulation and the failure to extend regulation to “shadow banks,” which weren’t covered by traditional regulation but nonetheless engaged in banking activities and created bank-type risks." Read The New York Times, Wall Street Whitewash.

And those waskly Republi-cons were right in the thick of it. Read The New York Times, Fannie Freddie Forked Tongue.

Repeat a lie enough times . . . and it becomes a Republi-con zombie myth.