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    <title>Bloomberg spells out the cause of the current financial crisis</title>
    <link>http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm</link>
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    <description>Todd's Blog: Bloomberg spells out the cause of the current financial crisis</description>
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    <item>
      <title>Comment #21</title>
      <link>http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm</link>
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      <pubDate>Thu, 25 Sep 2008 01:39:13 GMT</pubDate>
      <dc:creator>AceKicka</dc:creator>
      <description><![CDATA[@Todd: for your information I DID read the article. Your problem is that you think that you have all the answers. The article that you posted is NOT the only point of view. 

3 years ago? What about before then and since? F&F are NOT the only factors here. Wall Street greed and corruption brought the house of cards down. And who's presiding over the whole crisis? Who has the veto pen? Who's "THE DECIDER?" 
]]></description>
      <category>AceKicka</category>
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      <title>Comment #20</title>
      <link>http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm</link>
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      <pubDate>Thu, 25 Sep 2008 01:21:37 GMT</pubDate>
      <dc:creator>Todd</dc:creator>
      <description><![CDATA[To answer your question, *Congress* gave them the ability to focus on rewarding their executives rather than making good investments.  If you took a few moments to read the article, instead of immediately launching into a Bush attack, you would understand that.  This is not a Bush issue.  *Three years ago* a group of Republicans, including John McCain as a co-sponsor, sounded the alarm about FM&FM and tried to get a bill passed that would reform the oversight of them.  But it was blocked by the ... [&nbsp;<a href="http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm">More</a>&nbsp;]]]></description>
      <category>Todd</category>
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      <title>Comment #19</title>
      <link>http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm</link>
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      <pubDate>Thu, 25 Sep 2008 00:20:26 GMT</pubDate>
      <dc:creator>AceKicka</dc:creator>
      <description><![CDATA[@Todd, who was it that just a couple of months ago gave Fannie & Freddie even more power to screw up? And wasn't there talk about breaking off a piece of the twins for Russia to invest in? 

So you want to talk about who's responsible - I think that you need to include everything. I don't doubt that some democrats are also at fault but how did F&F get so out of control in the first place?

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      <category>AceKicka</category>
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      <title>Comment #18</title>
      <link>http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm</link>
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      <pubDate>Wed, 24 Sep 2008 21:14:24 GMT</pubDate>
      <dc:creator>Todd</dc:creator>
      <description><![CDATA[@AceKicka,

I asked you kindly to stay on-topic, and you're disrespectfully ignoring my request.  This is my blog, and if you continue posting off-topic crap here I will block you from posting comments on it.

I will not be suckered into a discussion of your favorite topic (George Bush).  Maybe you're a secret admirer of his, since you can't stop thinking and talking about him.]]></description>
      <category>Todd</category>
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      <title>Comment #17</title>
      <link>http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm</link>
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      <pubDate>Wed, 24 Sep 2008 19:36:12 GMT</pubDate>
      <dc:creator>AceKicka</dc:creator>
      <description><![CDATA[@Todd: I was past Bush even before he got started. How about you? Is that why you defend him so hard against the "Bush haters"? And take down others' posts about him including some that I've written in the past?? It's typical for all those seeking to run from Bush and his record to proclaim to be a Reagan "conservative".  Reagan's gone - all you have left IS Bush and his "legacy".

And YES the whole world will STILL be talking about Bush for years to come. Would you like to make a bet on THAT?... [&nbsp;<a href="http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm">More</a>&nbsp;]]]></description>
      <category>AceKicka</category>
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      <title>Comment #16</title>
      <link>http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm</link>
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      <pubDate>Wed, 24 Sep 2008 18:14:54 GMT</pubDate>
      <dc:creator>jarasan</dc:creator>
      <description><![CDATA[One positive sign is that some in congress are objecting to the bail out.  After listening to more people speak of the ramifications of the bail out, it just might be better to let the bad paper go to the incinerator (recycle bin).  It really does appear as if it is another step in the gradual socialization of the US economy,  a fast-fowarded version of this might be seen in Venzuela, where Hugo C. socialized everything within a couple of years, and I have friends there and it isn't pretty.&nbsp... [&nbsp;<a href="http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm">More</a>&nbsp;]]]></description>
      <category>jarasan</category>
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      <title>Comment #15</title>
      <link>http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm</link>
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      <pubDate>Wed, 24 Sep 2008 17:39:04 GMT</pubDate>
      <dc:creator>Todd</dc:creator>
      <description><![CDATA[You sound quite hostile AceKicka, and it is really strange that you keep mentioning George Bush, as if the whole world revolves around him.  Are you capable of getting past George Bush?  Will you still be talking about him next year?

Ronald Reagan is actually my ideal president, so if you would like to refer to "YOUR president", he would be the correct person, not George Bush.

I don't believe it is "truth" to go around making loud, obnoxious attacks on a subject that is not even being disc... [&nbsp;<a href="http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm">More</a>&nbsp;]]]></description>
      <category>Todd</category>
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      <title>Comment #14</title>
      <link>http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm</link>
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      <pubDate>Wed, 24 Sep 2008 17:17:34 GMT</pubDate>
      <dc:creator>AceKicka</dc:creator>
      <description><![CDATA[@Todd: It's good to see that I'm getting my point across to you and your buddies! Oh I'm passionate all right - I'm passionate for the truth! Do you doubt that your heroes: Bush Cheney & McCain speak the same way and worse? Have you heard Mac's rape jokes? And I have definitely NOT run out of intelligent things to say. Maybe you have.

As I have told Mr. Bliss, I'm not trying to convert you either. I've mentioned before that IF this were on Bill Clinton's watch, ALL of you Bushpublicans would ... [&nbsp;<a href="http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm">More</a>&nbsp;]]]></description>
      <category>AceKicka</category>
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      <title>Comment #13</title>
      <link>http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm</link>
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      <pubDate>Wed, 24 Sep 2008 16:57:46 GMT</pubDate>
      <dc:creator>jarasan</dc:creator>
      <description><![CDATA[Hey Pac, I respect your opinions, but you don't speak for me, you don't know me, you have never met me, and I don't appreciate your condescending know it all tone. Thank You.]]></description>
      <category>jarasan</category>
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      <title>Comment #12</title>
      <link>http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm</link>
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      <pubDate>Wed, 24 Sep 2008 15:52:19 GMT</pubDate>
      <dc:creator>Todd</dc:creator>
      <description><![CDATA[@AceKicka: If you're going to post comments on my blog, please leave the profanity at the door.  Resorting to curses only means that you have run out of intelligent things to say.

I have no doubt that you are passionate in your dislike of conservative principles, but you would lend a slight degree of credibility to your points if they were infused with logical arguments, rather than vitriolic bile.  It does not make your argument sound stronger by inserting the curse words; in fact it sounds ... [&nbsp;<a href="http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm">More</a>&nbsp;]]]></description>
      <category>Todd</category>
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      <title>Comment #11</title>
      <link>http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm</link>
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      <pubDate>Wed, 24 Sep 2008 11:44:54 GMT</pubDate>
      <dc:creator>pacattack05</dc:creator>
      <description><![CDATA[Don't fret acekicka, jarasan is ok with anything done by his favorite party, cause they can do no wrong. In his worldy bubble, this administration is a gift from God, no matter how rediculous and corrupt they are. On the other hand, both parties have agendas, like I have always said.

Fire them all !]]></description>
      <category>pacattack05</category>
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      <title>Comment #10</title>
      <link>http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm</link>
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      <pubDate>Wed, 24 Sep 2008 09:34:35 GMT</pubDate>
      <dc:creator>jarasan</dc:creator>
      <description><![CDATA[Old sayings are old for a reason, their validity stands the test of time.  Here is another old saying, "Ignorance is bliss."]]></description>
      <category>jarasan</category>
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      <title>Comment #9</title>
      <link>http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm</link>
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      <pubDate>Wed, 24 Sep 2008 05:30:12 GMT</pubDate>
      <dc:creator>AceKicka</dc:creator>
      <description><![CDATA[jarhead - I really could give a sh*t about what YOU have to say! Your simple childish response tells me that you have NO answers to what I've laid out. That's alright - neither does your leader!

I don't give a good damn about ignorant punks like you! If you or anybody else REALLY want to get into it, let's put it on the "front page" so EVERYBODY can see just who the fool is! Instead of hidden in a blog where very few people ever see it. Let's put it on a lottery discussion post. 

If you ha... [&nbsp;<a href="http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm">More</a>&nbsp;]]]></description>
      <category>AceKicka</category>
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      <title>Comment #8</title>
      <link>http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm</link>
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      <pubDate>Wed, 24 Sep 2008 00:23:15 GMT</pubDate>
      <dc:creator>konane</dc:creator>
      <description><![CDATA[When a bill (S.190) is sequestered by a well publicized Democratic party controlled committee for the purpose of preventing it from being voted on ..... then that clearly shows who intentionally failed to stop the current fiasco.  They were holding it when it broke.

S.190
Title: A bill to address the regulation of secondary mortgage market enterprises, and for other purposes.
Sponsor: Sen Hagel, Chuck [NE] (introduced 1/26/2005)&nbsp; &nbsp; &nbsp; Cosponsors (3)
Latest Major Action: 7/28/... [&nbsp;<a href="http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm">More</a>&nbsp;]]]></description>
      <category>konane</category>
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      <title>Comment #7</title>
      <link>http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm</link>
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      <pubDate>Tue, 23 Sep 2008 23:14:11 GMT</pubDate>
      <dc:creator>jarasan</dc:creator>
      <description><![CDATA[Ace baby, there is an old saying and it goes like this: "The longer you debate a fool,  the more you look like the fool."  You're a ten on the foolish fool scale,  ten being the most foolish of all.]]></description>
      <category>jarasan</category>
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      <title>Comment #6</title>
      <link>http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm</link>
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      <pubDate>Tue, 23 Sep 2008 18:01:37 GMT</pubDate>
      <dc:creator>AceKicka</dc:creator>
      <description><![CDATA[Keep in mind that Kevin Hassett, writer of this Bloomberg column, is an adviser to John McCain in the 2008 presidential election. So what else would you expect him to say?

I don't defend ANY of the clowns that allowed this scandal and all the rest of the Bull&lt;snip&gt; that's now hittin the fan to happen!!  I've been saying for years that this "economy" is a farce. Propped up by theft, corruption and greed. I think that Alan "Mr. Bubble" Greenspan should have his a** hauled in before the se... [&nbsp;<a href="http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm">More</a>&nbsp;]]]></description>
      <category>AceKicka</category>
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      <title>Comment #5</title>
      <link>http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm</link>
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      <pubDate>Tue, 23 Sep 2008 17:46:46 GMT</pubDate>
      <dc:creator>scorpio</dc:creator>
      <description><![CDATA[greed has gotten outa control.max out credit cards,don't worry about paying.it will get worse.]]></description>
      <category>scorpio</category>
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      <title>Comment #4</title>
      <link>http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm</link>
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      <pubDate>Tue, 23 Sep 2008 12:56:58 GMT</pubDate>
      <dc:creator>jarasan</dc:creator>
      <description><![CDATA[After watching Newt Gingrich opine on the bailout, I hope that cooler heads prevail and listen to what he said, it makes a lot of sense, it goes right along with what Rick is saying.  He said just that Paulson's wall street solution is just that because he is from Wall Street,  Newt suggested more thought be given to the issue and that others should be consulted to arrive at a more permanent solution.  Newt stated that they will have their hands out on Wall Street and asked: "What happens if thi... [&nbsp;<a href="http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm">More</a>&nbsp;]]]></description>
      <category>jarasan</category>
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      <title>Comment #3</title>
      <link>http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm</link>
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      <pubDate>Tue, 23 Sep 2008 11:54:44 GMT</pubDate>
      <dc:creator>Rick G</dc:creator>
      <description><![CDATA[Giving unchecked and unquestionable powers to one man (Paulson) to control $700 billion of taxpayer money should be sounding alarm bells in everyone's mind.  Something's rotten in the state of Denmark.]]></description>
      <category>Rick G</category>
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      <title>Comment #2</title>
      <link>http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm</link>
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      <pubDate>Tue, 23 Sep 2008 01:39:06 GMT</pubDate>
      <dc:creator>Todd</dc:creator>
      <description><![CDATA[It's funny how quiet Chris "Countrywide" Dodd is these days.  It's also kinda funny that an irresponsible guy like Barney Frank (who was running a male prostitution ring out of his house) is supposedly responsible for oversight of the country's financial institutions.]]></description>
      <category>Todd</category>
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      <title>Comment #1</title>
      <link>http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm</link>
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      <pubDate>Mon, 22 Sep 2008 23:30:58 GMT</pubDate>
      <dc:creator>jarasan</dc:creator>
      <description><![CDATA[Barney Frank, Charles Rangell, Chuck Schumer, Frank Raines, Jim Johnson, Nancy Pelosi, Harry (the land deal) Reid, Rubin, Chris Dodd, Greenspan, and all the frinking jerk weak REPUB politicians that let this slide, since they were warned should be brought to trial, removed from office, and sent to jail.

Believe it or not McCain and a few others tried to bring this out of commitee but the above named blocked it from coming out.  

THEY WOULDN'T BRING IT TO THE FLOOR AND VOTE!  THEY ARE THE D... [&nbsp;<a href="http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm">More</a>&nbsp;]]]></description>
      <category>jarasan</category>
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      <title>Original Blog Entry: Bloomberg spells out the cause of the current financial crisis</title>
      <link>http://blogs.lotterypost.com/todd/2008/9/bloomberg-spells-out-the-cause-of-the-current.htm</link>
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      <pubDate>Mon, 22 Sep 2008 16:24:37 GMT</pubDate>
      <dc:creator>Todd</dc:creator>
      <description><![CDATA[<p>I will let the article from Bloomberg speak for itself, although I will mention that I echoed some of these same thoughts yesterday in RickG's blog.</p><p><a href="http://www.bloomberg.com/apps/news?pid=newsarchive&amp;sid=aSKSoiNbnQY0" rel="nofollow external">http://www.bloomberg.com/apps/news?pid=newsarchive&amp;sid=aSKSoiNbnQY0</a></p>]]></description>
      <category>* Original Blog Entry</category>
      <wfw:comment>http://www.lotterypost.com/blogentry/24480</wfw:comment>
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