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screembloodymurder Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-14-08 07:52 PM
Original message
Spitzer was a trouble maker
Edited on Fri Mar-14-08 07:57 PM by screembloodymurder
http://www.washingtonpost.com/wp-dyn/content/article/2008/02/13/AR2008021302783.html?nav=hcmodule

The above WP article was written by Gov. Spitzer and published Feb. 14, 2008. It's no l;ove letter. Was Spitzer threatening to expose the Bush administration's plans to use public funds to bail out the predatory lenders?

The call girl scandal was leaked Monday, 3/11 and served to discredit Spitzer and provide cover for the Fed. A Fed bail-out plan was announced on Tuesday. It was well received in the US markets, but surprisingly, not overseas where they may have smelled a rat. Today that plan was used to guarantee J.P. Morgan's loans to a nearly bankrupt Bear Sterns. JP Morgan has nothing to lose. If Bear Sterns go under, it's you and I who will repay the loans.

If we survive as a nation, may our next President understand the concept of risks vs. rewards and act accordingly.
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gristy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-14-08 08:53 PM
Response to Original message
1. Wow. That is really something.
Oh, Elliot, Elliot, Elliot. You dumb smart f***er. :(
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lib2DaBone Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-15-08 09:03 PM
Response to Original message
2. What a Rag
I agree with everything the press says. But I'm looking a this Ashley Chic, and she ain't so great?
I'm thinkin they knocked of Spitzer for a very cheap price?
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