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The Bush Administration Ends
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[QUOTE]Originally posted by TSN: [QB] <blockquote>"But still, America is safer with modern Iraq than it was before 2003."</blockquote> Even if there had been WMDs there, there were no missiles with a range to reach us. Saddam Hussein was not a threat to the United States. Seems to me, we're a lot [i]less[/i] safe, now that we've opened up Iraq as a breeding ground for al-Qaeda. <blockquote>"It is the height of perversion to declare the present crisis to be the fault of the free market or Wall Street greed..."</blockquote> The crisis came about because the Wall Street banks started buying up mortgages from smaller banks, tying a bow around them, and selling them off as investments. These investments became incredibly popular, because the vast majority of mortgages get paid back, with interest, so there's pretty much a guaranteed return. But, to keep up with the demand, the banks had to start giving out more and more mortgages, even to people who were obviously never going to pay them back. Pretty soon, all those shitty mortgages were defaulted, no-one wanted to buy an investment package made up of mortgages given to people with no money, and the banks were left with piles of negative money that wasn't going to be paid back to them. If there had been regulations in place saying that they couldn't do that, everything would have been fine. But they got greedy and massively stupid and brought the whole economy down with them. <blockquote>"In a time when man held his fellow man in bondage, not even recognizing him as such, and in a country where plentiful slave labor was most needed, we fought a self-destructive war to destroy it, to free those who few then believed capable of equality."</blockquote> This is highly dubious example. You can't say it's an example of this country fighting for what's right, because half the country was fighting for what's wrong. Plus the fact that the North wasn't so much fighting to destroy slavery, as to stop the South from leaving the country. <blockquote>"...we held the evil empire in check..."</blockquote> When you've got two opposing sides who are basically doing the same stuff to each other, how exactly do you decide which one is "evil"? [/QB][/QUOTE]
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