Originally Posted by Cricket123
Actually, the market was inflated by Wall Street’s insatiable desire for mortgages
which it could then securitize and sell. Although, this happened
with assistance from the government which Wall Street had co-opted and corrupted.
Ever heard of Fannie and Freddie. Our friendly government sponsored enterprises? Ever heard of the secondary mortgage market and securitizing mortgages?
Why yes, I have, as you could tell if you read my post: Fannie and Freddie were the agencies of “
government which Wall Street had co-opted and corrupted.” The secondary mortgage market and securitizing mortgages was what I was referring to when I said "Wall Street’s insatiable desire for mortgages which it could then
securitize and
sell.
If you think we will continue to disagree and you can live with that why don’t you stop promoting the ideas of a system I don’t want to be a part of that will only enslave me?(ie single payer healthcare, education, etc…)
So, basically, since I disagree with you, I should just shut up then. OK. On
single-payer healthcare, we definitely disagree. What, exactly, are my views on education? I didn’t share them here.
It’s not ok with me that we disagree on the basic principles of freedom…
Clearly…
The main problem is when those with views such as yours start legislating and exert more control over me. I can’t live with that.
My views were not what was legislated. As I mentioned in previous posts, I don’t support what was legislated. I don’t even think it’s moving in the right direction. In fact, in the healthcare debate,
my views were not even on the table.
That’s why I’m going to defend my view.
Why don’t you stop promoting the ideas of a system I don’t want to be a part of… oh, right. Freedom. I forgot. You’re very concerned about freedom.
Just admit it. You’re think you’re smarter than everyone else and you want the control.
Well, what I said was that the Church condemns socialism, but everything that is
called socialism here is not necessarily socialism in the eyes of the Church. The word is used very casually. Single-payer healthcare was just my example.
And remember, even though I support it, single-payer healthcare is not what was legislated anyway. Fox can call it “government-run health care” and “socialism” all it wants, but that doesn’t make it so. What we got was government mandated insurance, a very different thing, which I do
not support.
My intelligence or lack thereof was not the issue. I’ll stop promoting these ideas now, though.