Zawahiri: Blame Al Qaeda for Wall Street Woes

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The American public elected Obama it is not that far fetched to believe they will fall for this also.

of CA 9:29PM November 29, 2008

Alan Greenspan lowered interest rates ... and kept them low until about 2004 ... in response to September 11th. They were not sure what the effect was, and wanted to stimulate the economy. Unfortunately, the Clinton time bomb (by executive order, Clinton reduced the mortgage lending standards in 1995 ... forcing banks to comply through the CRA) ... well, the Clinton time bomb kicked in at that point. The situation was complicated by the fact that we really CANNOT fix anything in Washington due to special interest politics (like Fannie Mae, etc.). Al Qaeda was the spark that lit the flame of lower interest rates. The rest is our fault.

Nishani Naidoo of CT 5:02PM November 29, 2008

Alan Greenspan, Chris Dodd and Barney Frank would love to pin this on the bogeyman, but their roles in this crisis are unmistakable. Let's see them publicly horsewhipped and sent to jail before we storm into a country "bristling with nuclear weapons" in Joe Biden's words. What is this, another 911? The country just voted the people responsible into power. They deserve the mess coming down the pipeline.

G. Parti of NY 3:39PM November 29, 2008

Another reason to hate these cretins. They use a legitimate argument in their rantings. I agree that our economic system has become fraudulent as a interest and credit based economy, but I hesitate to agree out loud because of whose mouth it's coming out of.

Andy of MI 3:36PM November 29, 2008