Alpha Consumer

Who Do You Blame For the Crisis?

January 15, 2009 RSS Feed Print

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We're all feeling poorer, and we need something to blame, apparently.

According to a survey from marketing firm Issues and Answers and Stratcom Communications, we've already chosen the targets for our ire. Here they are, along with the percentages of people citing them:

Mortgage companies (90 percent)

Lending institutions, such as Fannie Mae and Freddie Mac (88 percent)

Federal government (86 percent)

Oil companies, such as Exxon-Mobil (81 percent)

Credit card companies -- Citigroup was cited as the "biggest offender (76 percent)

Insurance companies, including AIG (56 percent)

Food manufacturers (54 percent)

Technology companies (53 percent)

Do you have any people, things or places to add to that list?

Tags:: personal finance

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all u said it's totally right but there something u forget
and i think it's the reason The political leadership
i think Bush he did this
1# 11 September events is Conspiracy by bush because he huts the middle east
2# war in iraq
3# Mortgage
those problems have occurred since Bush took the state
So I expect that the cause of the crisis a political conspiracy by Bush

evian of FL 9:44AM January 18, 2009

We routinely spend more money than we earn. We sign up for risky mortgages that we do no have the income to support. We must have the latest gadgets (Iphone, HDTV's) even though our current gadgets still work. We elect politicians from both parties whose incompetence is mind boggleing. We want everything now and expect someone else to pay for it. And when thing turn bad, we look to blame anyone except ourselves.
We are the problem.

Bob of TX 10:50AM January 16, 2009

This isn't a liberal/conservative thing. These crooked politicians like Franklin Raines, Maxine Waters, Barney Frank and others all looked the other way while Fannie Mae and Freddie Mac gave millions in political donations to both sides of the aisle. They bought these elected crooks in order to pass legislation that was corrupt. But no one spoke up because of all the payoffs. And the profit statements looked great in everyone's 401K.
So now we taxpayers are paying the piper for letting these crooked elected dirtbags rip us all off. And they did it just to stay in power with their constituents. We the people no longer have representative government because we don't have the money to buy influence. Only corporations have representation in todays corrupt political sewer. Until Americans snap out of their MTV induced stupor, expect more of the same.

Rick of CA 8:27PM January 15, 2009