Stewart is smart! Who'd have known?
Shame on GE and its funny cnbc
This is a must-see video, Stewart's show
here are the facts on that too.
racism is prejudice against a race.
prejudice is opinion without judgement.
blacks are 13% of the population and 39% of the prison population.
the judgement has been made: BY THE U.S. LEGAL SYSTEM.
you called the dems poor, not me.
let me fill you in on the facts.
here's what caused the financial crisis:
1. the dems made sure everyone could buy a home.
2. the banks etc made bets on the mortgages.
3. the mortgages went into default.
4. the bets became worthless.
5. the banks lost tons of $
the main cause of the crisis was the over-leveraged bets the banks made on mortgages.
and cds's allowed big money to short the banks into the ground---causing profits not only on the cds's, but on the short-shares as well.
dems set the table; unregulated (democratic congress) greed served everyone salmonella.
Sorry my bad. I realize you can't argue with a ditto head. You have memorized the talking points very nicely but are ignoring tons of facts. Seriously watch house of cards and try to blame it on the Dems.
Think about it. What does more damage to the market one house worth 500,000 in california defaulting or one house worth 50,000 in cleveland defaulting? Where were most of the defaults? California, LV, Phoenix and Florida. Most of them were in the 500,000 range. Trying to pin this on poor people is just some BS racism. Most of the people who defaulted were middle class people who were encouraged to live beyond thier means.
Seriously watch David Faber's "House of Cards" and get a clue!