Congress doesnt declare jihad against anyone.
Perhaps you have your countries confuused.
I think steamed should use this picture as his avatar .. it represents the FF image exceptionally.
Shows that 51% of the people are a bunch of morons that can't research a moron that has will put us into the poor house with his Marxist beliefs.
Yeah, Obama is one of those rare "Marxists" who is a big friend of the banking industry. 
Really, I suspect you know the real relationship between Marxists and bankers, and it isn't the one we are seeing being played out right in front of us.
In the early 90's I heard conservative talk radio hosts refers to The Clintons (they were always referred to together) as Marxists. Maybe that is the kind of Marxism you are talking about. The one that has nothing to do with Karl Marx, Marxism, communism, socialism, or anything else associated with any of these things. Maybe that is what you are talking about.
Friend of the banks? He attempting to take control of the flow of money and the investment system under Government control, ensure that our dollar will be worthless soon with the trillions they are printing, control the press (who have mostly blindly support him), ensure that you have to use Government services to survive (socialized medicine is just part one, Taxing us to pay for his stupid big government programs, and ensure we don't give to the non-profits to ensure they go under so his Big Government takes over their roles. His budget is downright scary and will spending more money than EVERY president has ever done during his first four years!
Hey, a majority of people thought everything Bush began when he came into office was the exact right thing to do, and what we have now is the consequence of his policies.
Let's just see if the sky falls after Obama does his thing, as it certainly did with Bush.
Your use of the terms 'Marxist' and 'socialized' seem totally out of kilter with reality. You thought Bush had all the answers. Maybe you guys are actually wrong about a lot of stuff. I suspect it might be the case. Just inventory the past 8 years and you will find that the ruling party was catastrophically wrong about Iraq, deregulation, doing away with oversight, outsourcing of jobs, illegal immigration, and on and on and on and on and on.
The fact that you think Obama is wrong about everything is a pretty good indication that he isn't.
Bush was a huge disappointment and I never let him off the hook, but better than having either Gore or Kerry running the show. Honestly I want the federal government reduced to nothing and limited as it should be.
Deregulation works find if you just allow those groups to disappear and the market will pick up their pieces. Government has made this problem worst and we are in debt for trillions of fake money. Iraq war was a good thing, but the political nature of the afterward destroy any progress we had and it should have become the terrorist sinkhole if we would have been more aggressive in dealing with them. They had to ask permission to return fire? That is just stupid. Illegals should be all rounded up and sent packing back to their own country, since they have broken our laws and have have wasted billions of our tax payer monies. Outsourcing of jobs would be less of an issue if we would reduce taxes and scope of our wasteful governments.
Marxist and socialized due go hand and hand, since Karl Marx and others help creating communism and socialism: which has done more to kill 100s of millions of people in a short 80-100 years. Nazis was a form of communism, which did not want to be a puppet to Russia.
One test of whether we are witnessing the end of America is how many more times Americans put up with Congressional show trials of individual business people and their employees, slandering and vilifying them for their actions and motives. And for how long will they tolerate a President who berates business and corporations as dens of crime and malfeasance? If the majority Americans come to accept the caricatures of business as true, then America is closer to the end of its life as a global leader, as a champion of markets and individualism."
This is the defining statement of the article. Big business can only play by the rules set down for them. If the feds force bankers to loan to people that can't pay, for years, until it blows up in everyone's face, it isn't the fault of business.
Business creates jobs, innovates, and has made our country what it was. Our government has screwed us and told us it was business's fault. And we are stupid enough to believe it.
Most businesses are of the nature you described, but there have been some that have done some really bad things, some really stupid things, and those things have put our economy in danger of collapse. Some businesses were not businesses at all, such as Bernie Madoff's "investment" company.
Just as we can't afford to paint legit companies with the same broad brush as these irresponsible ones, we can't afford to do the reverse either, that is to protect the bad guys by lumping them in with the crooks and the buttheads.
Business wasn't "forced" to give loans to people who couldn't afford to pay them back. That whole argument is a right-wing fabrication that too many people are swallowing. Here's what got us into this mess:
1) Professional misconduct. Any licensed salesperson of financial products, such as a mortgage or stockbroker, is required to represent EXCLUSIVELY the interests of the purchaser. You are also the ONLY person directly involved in the transaction with this responsibility, the purchaser bears NO responsibility. That means that no consideration of self or employer is allowed when guiding people toward the acquisition of a mortgage or other financial instrument. How do I know? Because I have a Series 7 and Series 63 license. How was this violated? Because clients would be brought in and the broker would calculate the maximum payment that the person cold afford and then put them into an inappropriate product such as an ARM. Why? Because the commissions are higher. When the client would ask about the propriety of the product, they would be told, "Don't worry, if rates start going up we will refinance and lock in a lower rate later." This wasn't true because ARMs damage your credit rating making refinancing at a low market rate almost impossible. The brokers knew full well that they refi would never go through and that a 30 year fixed was the appropriate product, but they didn't care.
2) Corporate malfeasance. You might wonder why the corporate bosses let this slide, given that it was their money at stake. Simply put, the planned to sell the "toxic" securities to the government, knowing that any upward rate movement would quickly lead to widespread defaults by those trapped in an ARM. This is where the socialization of losses comes into play.
3) Overestimation of government resources and underestimation of greed. In short, the corporate world didn't realize how many ARMs were being moved so they wrote far more than the government backed entities could take on.
The rest we all know all too well.
Harmful Lending Mandates from Congress: The Community Reinvestment Act (CRA), originally passed in 1977 and revised in the 1990s, requires banks to 1Cmeet the needs 1D of all types of borrowers in their communities. It was originally meant to combat racial discrimination, but quickly turned into a vehicle for the 1Caffordable housing 1D goals of many in Congress. In plain English, that means that the federal government effectively strong-arms banks to extend loans to low- and moderate-income individuals, some of whom are unable to repay them.
Is This The End.. NO ... Ya'll should hook up with the end of the world, hop in the flying saucer, cool aid drinkin types and compare notes ( except the koolaid drinkers, they be real quiet )
steamed
Helicopter Ben Bernanke's Federal Reserve is dropping trillions of fresh paper dollars on the world economy, the President of the United States is cracking jokes on late-night comedy shows, his energy minister is threatening a trade war over carbon emissions, his treasury secretary is dithering over a banking reform program amid rising concerns over his competence and a monumentally dysfunctional U. S. Congress is launching another public jihad against corporations and bankers.