The 10 Dopiest Business and Economy Leaders of 2008

Chris Dodd, Barney Frank, Robert Rubin, Franklin Raines.... All have ties to Bush/Cheney. Nice try. People with ties to Obama are Tony Rezko and Rod Blagojevich. Change you can believe in.

edword of IL @ Dec 16, 2008 18:41:06 PM

John of CA,

The "lip service to social justice" you refer to was Fannie and Freddie giving loans to people that would never qualify for them in a sane world.

And look what that has got us.

John of VA @ Dec 16, 2008 18:36:59 PM

Three little pigs...

Reality is, three factors are to blame, and each factor wants to blame the other. First, "Mainstreet" as hundreds of thousands of 1990's and 2000's homeowners took out secondary loans on their ever-so inflated homes it was only a matter of time before the house to house bubble popped. Second, "Wallstreet" strikes again, as the packages of subprime mortgages flopped they continued to sell to the next sucker. Third, Capitol Hill, blinded like always by the lobbyist of fortune 500 investment firms and banks.

It comes down to greed, and altough our great country was built on it... it was only a matter of time until this bubble popped. Buy commodities...they seem to be the only thing that holds value these days.

Tim of PA @ Dec 16, 2008 18:32:39 PM

Right on

I am elated that someone with a national platform has the courage to point the finger...............hopefully the middle one.......................At the REAl Villians in this sellout of the hardworking unsong heros of this country.

The idiot Bernanke has stolen the retirement of every senior citizen who built their future on interest from savings invested in Safe CDs in federally insured banks ........by cutting the interest rates by 90% he has single handedly driven the value of the dollar down and reduced earnings on what is left to the point were many are taking their worthless dollars that are not earning anything and hiding them under the mattress.

Who wants to put money in a bank that pays NO interest............No wonder the banks have no money to lend.

Where do these fools come from................or better yet which rock did they crawl out from under?

It is time that TEXAS and Montana take advantage of their rights and leave this financially and morally bankrupt country.

C W Jensen of TX @ Dec 16, 2008 17:57:53 PM

You forgot George Bush...

...Talk about asleep at the switch! You better believe that President Obama never would have let this happen. The pendulum will now swing back to regulation and at least lip service paid to social justice. Many of the Wall Street money men and their cronies have ties to the Bush/Cheney power elite. TIME FOR A CHANGE? You better believe it--and hope it works fast. Otherwise, breadline are right around everyone's corner..

Jon of CA @ Dec 16, 2008 16:16:52 PM

You forgot George Bush...

...Talk about asleep at the switch! You better believe that President Obama never would have let this happen. The pendulum will now swing back to regulation and at least lip service paid to social justice. Many of the Wall Street money men and their cronies have ties to the Bush/Cheney power elite. TIME FOR A CHANGE? You better believe it--and hope it works fast. Otherwise, breadline are right around everyone's corner..

Jon of CA @ Dec 16, 2008 16:16:52 PM

Perhaps you can't raise taxes in the recession. AND PERHAPS STEEP TAXES ON ASTRONOMICAL INCOMES IN THE RECENT PAST WOULD HAVE 1) RAISED REVENUE 2) CURBED SOME OF THE EXCESSES 3) AVOIDED SOME OF OUR CURRENT DOWNTURN BECAUSE OF AVOIDING THE OUTRAGEOUS RISKS ASSUMED IN SOME OF THE EXCESS SCHEMES.

HIGHER TAXES WOULD BE HELPFUL. IT MAY BE A YEAR OR TWO BEFORE YOU CAN PUT THEM IN. I'M TALKING ON INCOMES OVER 10 MILLION.

of @ Dec 16, 2008 14:11:07 PM