as grim as it was that really made me chuckle. think about it, your right, they llived for ever and were gone overnight. grim just grim. hey by the way has any one seen my good ol' american indian?

Free gold Information kit, as advertised, in order to purchase space to publish an opinion contrary to an assumption that one can simply purchase a healthy environment. A strange situation in strange days.

I wonder, how many banksters would have lost their homes if we allowed them to fail? Answer, many! So why are so many Americans being foreclosed on?

I have done the first 2 and can do the third happy CD I agree with Thom

Parti: I identify all categories of Americanswho are genuinley suffering in our current economy. It turns out that there are 200 million of them

PartII: Identify $5.3Trillion in saves and REVENUES (without touching entitlement Programs)to help these 200 million by creating jobs, improving our infrasturcture,education, etc.

Partiii: Organize a tremoundeous groundswellof suport, lead by the very best amongst us, so that Amercia’s relevant legislatonwill be passed by congress or those who oppose it will be voted out of office

Let me attempt to explain the mortgage crisis to you. Freddie and Fannie decided to "give" billions of dollars in mortgages to people without the means to pay them back. Mortgages were written, funding needed to be found for them. These mortgages (I'll call turds) were sent to Wall Street to sell. Wall Street had two choices, polish up these turds and sell them, or kick the new home owners out of their homes. Now Freddie and Fannie said Wall Street could not kick folks out of there homes. Wall Street had to sell the turds. Buyers of mortgages, given a choice of prime mortgages, (I'll call steak) and a polished turd, would always chose to buy the steak. No matter how hard the traders worked at polishing the turds, they wouldn't sell. Someone came up with the idea of making hamburger, mixing the steak with the polished turds. Only a small amount of the polished turd would be added to the steak, so no one will notice. Billions of dollars of this "hamburger" was sold. In 2008, the world wide economy began a correction, which occurs from time to time. This correction caused the number of turds mixed with the steak to increase incrementally. People with good mortgages were pulled down with the bad. The number of turds continued to grow, and would have collapsed the whole system without intervention. So you see, if Freddied and Fannie had not insisted on "giving" mortgages to those who couldn't pay, none of what followed would have occured. As far as hedge fund managers betting against the turd laced hamburger, that's what hedge fund managers do, try to limit risk.

Is all of this right, probably not. Freddie and Fannie shouldn't have forced Wall Street to sell the turds. When the turds didn't sell, it was wrong to mix the turds with the prime loans. However, Wall Street did it with a wink and nod from Freddie and Fannie, who pretended not to notice.

Hindsight is always 20-20. Mistakes were made, and yes people need to stand trial, especially those in the government who created this mess. Do I think this will happen? No. So what choice do we have but move forward. The system works.

OK, Rich. I copied your website link and put it out on face book with a nice note to support one of the 99%.

Namaste, Judy

And we've been doing it ever since....the last 30 years we've been doing it to other countries and now they're doing it here....to "the rabble"

https://wwws.whitehouse.gov/petitions#!/petition/medicare-part-e-everybody/62ZRcP2W Come on and sign it. If you want the White House to do something.

No one said that the "job" of Wall Street investors is to create jobs. No one says that they shouldn't make money. The inherent problem is that the system is set up so that they don't care if the stocks/ commodities that are OUR investment make money or not. i.e. the housing crisis started because bad mortgages were bundled together in attempt to guarantee their failure so that Wall Street could bet on them going belly up and making a profit. They devastated millions of lives to make a couple of bucks. There were no ramifications. No jail time, no loss of their job or house. They took a smaller bonus one year and then made it up in the years since with record profits which they have either sat on or rewarded companies that laid off workers or outsourced.. Then turn around and say that unless they get to keep their loopholes so that they can pocket more of the money they will invest even less. That unless they get less regulations they will continue to sit on their money. (the lack of which being the very thing that got us here in the first place). The only thing they DO invest in is politicians that will endorse their agenda. And as far as me and the rest of us creating jobs, I spend 98% of my total income in my local businesses. I'd like to see one of the major hedge fund managers do the same.

www.abundanceswap.org

Hi Thom,

I am just 1 in the crowd of people who love what you say, and I thank you for educating me. I lost my job of 25 years working with the mentally ill. Now three months past being a 99er. Now on food stamps. It is kind of funny to me that if you are on unemployment, you make too much money to qualify for food stamps. I don't have a Masters or Marriage Family Therapist License so do not qualify for any mental health jobs despite 25 years experience.. trying to start my own business doing wood work and stained glass but in NO WAY would I be eligible for a loan. Not even a small loan for this: www.artisanwoodandglass.com if you have a spare moment to take a look. I am fortunate to have a loving girlfriend who helps me out...

That is just my 2 cents.. Thank you again for your articulate education.. I would like to read one of your books and wondering if you can recommend one. I know you are very busy so if you can't then I will just google reviews and choose one that would be most applicable for my situation... How funny.. I am still listening to your show and you just mentioned 'STAR' wars, my dad worked on that many years ago @ Rockadine/Rockwell...

Anyway, sorry for babbling...if you get a spare moment to recommend a book of yours richsapf@gmail.com

Namaste Thom,

Rich

Culver City, CA

The nation's #1 progressive radio talk show host !!!!!!

North , West, South, some other cardinal direction , up , down , and an unmeasurable center. ⊕

Good Medicine.