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Re: The Official Presidential Debate Thread (Round 2)
Quote:
Originally Posted by redsk1
Just making a point that what used to be sound conservative investments are no longer that, like Fannie/Freddie & Mortgage Backed Securities.
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Agreed, and the reason they are no longer sound is because the principles involved decided to change their business practices in favor of short sightedness.
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"All natural institutions of churches, whether Jewish, Christian, or Turkish, appear to me no other than human inventions, set up to terrify and enslave mankind, and monopolize power and profit."
Thomas Paine
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