A goodly portion of the banking crisis was very real, but an even bigger portion was a good old fashioned banking panic fueled by a securities trading market run amok. The gov. made a killing on net. Cost to the taxpayer: -$350B roughly. Yet the myth lives on, and has captured the zeitgeist.

And if the bailout didn’t happen? Maxine Waters was just itching to nationalize the big banks. I saw the video of Waters, at the time, where she got 3/4 of the word “nationalize” out of he mouth before catching herself and replacing the word with something like “rescue.” A real Venezuela style nationalizing horror-show could have happened.

The much more important issue is why and how the credit crisis was created, but if people don’t understand the previous paragraph, then the deeper understanding is hopeless.

TommyJay, the good news is there’s only one of Romney vs. three that were (McCain, Flake, Corker).

That’s good, but my big fear is that Sen. Mitt Romney will replace John McCain as the big GOP schmuck in the senate. Will 53 be enough? I say prepare yourself for some major disappointments.

https://twitchy.com/brettt-3136/2018/11/26/the-hate-signs-that-went-with-those-nooses-hung-in-mississippi-seem-kind-of-important/

Did those dead white males know a thing or two? Are Greeks “white?” Thucydides is certainly dead (but not forgotten). Not to worry, we have a “living, breathing, constitution” now (and forever more). /s