The IRONY is so rich, it should be taxed twice

Sounds pretty elitist. That's the type of thing you normally hear from republicans.

https://www.youtube.com/watch?t=11m11s&v=kXha_AJv_B0   (29 minutes 8 seconds)

I am gravely concerned. The manufacturing of podiums is declining rapidly, from 17 to merely 4, a decline of 75%. Where will this end? The jobs lost in podiums is staggering. {Podii and Podiae are not acceptable; possibly sexist.}

The Podium Manufacturing and Storage company can help. We provide--at modest cost--podium storage and rentals.

[This is neither a solicitation to sell podium securities nor an offer to provide podium investment advice.] Buy low now, sell high in 2020.

I'm not in the habit of defending Hillary Clinton, but first, she made the speech in 2007. So, she can't possibly be blaming homebuyers for the crash of 2008. Secondly, in the speech she allocates about 90% of the blame to the financial industry, not homebuyers. And finally, when she DOES blame homebuyers, she is not blaming regular homebuyers, she's blaming real estate-flipping SPECULATORS who buy several homes with the intent of flipping them for a quick profit.

Here is the exact quote IN context.

"Now, who's exactly to blame for the housing crisis? Well, that's always a question that the press and people ask and I think there's plenty of blame to go around.

Responsibility belongs to mortgage lenders and brokers, who irresponsibly lowered underwriting standards, pushed risky mortgages, and hid the details in the fine print.

Responsibility belongs to the Administration and to regulators, who failed to provide adequate oversight, and who failed to respond to the chorus of reports that millions of families were being taken advantage of.

Responsibility belongs to the rating agencies, who woefully underestimated the risks involved in mortgage securities.


And certainly borrowers share responsibility as well. Homebuyers who paid extra fees to avoid documenting their income should have known they were getting in over their heads. Speculators who were busy buying two, three, four houses to sell for a quick buck don't deserve our sympathy.

But finally, responsibility also belongs to Wall Street, which not only enabled but often encouraged reckless mortgage lending. Mortgage lenders didn't have balance sheets big enough to write millions of loans on their own. So Wall Street originated and packaged the loans that common sense warned might very well have ended in collapse and foreclosure. Some people might say Wall Street only helped to distribute risk. I believe Wall Street shifted risk away from people who knew what was going on onto the people who did not.

Wall Street may not have created the foreclosure crisis, but Wall Street certainly had a hand in making it worse.
"

Here's my take on this:
We have TWO candidates who are running for the nomination, and they are BOTH GOOD. Trying to paint one of them as the devil incarnate is just stupid and childish. There's no question that Sanders would be tougher on business (Wall Street in particular) than Clinton, and my personal economic philosophy is FAR closer to Sanders' than Clintons'. But, as Bernie himself says, EITHER of these two candidates would be light years better than ANY Republican alternative, and that's a fact. Which ever candidate the Democratic party chooses will be smeared by the GOP ratf-ckers with out of context quotes, but there is no need for us to do their job FOR them. At least make the bastards WORK for their money.

speculators, buyers, real estate sales people who promoted infinite price increases, the American Dream of house ownership, etc.

It didn't matter if she claimed "others had a part too". That much was obvious to everyone. What she did do was minimize the role of Wal-Street and maximize the role of borrowers, while speaking to her benefactors.

When dealing with any con, or when dealing with the purveying of vice: who is to be more despised, the supplier, or the consumer? Where one comes down on this question speaks to how they think of their fellow man.

-- Mal

because of the shitty economy, the lax enforcement of what few labor protections we have/had, and the buyout of many
small businesses, millions of people lost their jobs through no fault of their own.

Meanwhile the Repubs, with the help of a few DINOs, have succeeded in lowering the unemployment benefits for the poor saps
that were victims of shitty government policies created solely for the benefit of the already rich.