"House of Cards" on CNBC - anyone watching?

[wordpix]

Soon to explore that non-regulatory agency under BushCo, SEC :popcorn:

[A-Long-Little-Doggie]

1. We are watching.

Best explanation of the whole housing mess that I have seen. The part on the rating agencies was really eye-opening.

I want to puke when I see Greenspan...

[snappyturtle]

16. ...or Mrs. Greenspan. nt

[Crabby Appleton]

2. I'm watching it

very interesting

[EmeraldCityGrl]

3. early this morning they were complaining about

the harsh treatment those poor bankers received from Congress yesterday. I couldn't believe what i was hearing.

[wordpix]

5. cry me a river, "The only unregulated $trillion industry: mortgage origination"

Greenspan, Bernanke and Chris Cox need to answer a few questions and stop bullshitting.

[SoCalDem]

20. and TYING it to 9-11

:grr:

[Xipe Totec]

4. If it's this House of Cards, it is awesome

I highly recommend it!

[wordpix]

6. one and the same

[anakie]

10. F.U.

What a nasty piece of gear. Great show.


Peace

[Xipe Totec]

11. Francis Urquhart - What a perfectly nasty character indeed!

[dixiegrrrrl]

13. "YOU might say that...I of course never could."

One of the most memorable series I have ever seen.

[Xipe Totec]

19. Perfect Quote!

:rofl:

[Liberal In Texas]

15. Great mini-series. Still relevant today. If you haven't seen it, rent it.

[malaise]

7. It's really hard to watch

Too sad.

[Atman]

8. Why does anyone believe it?

I'm NOT watching. I know NBC (owned by defense contractor GE), has a very talented pool of writers. The corporates want you to believe the entire economic mess was brought about by people buying houses they couldn't afford. Sorry, that's not the case.

This show is a cover-story for BushCo, who decided "hands off" was the best approach to everything. Everything. Sorry, people would not be buying houses if banks were not letting them. Banks invented crazy bullshit mechanisms to profit off bullshit mortgages. To blame this on "the housing market" is a total crock, just throwing it back on the shoulders of Joe America while it was really Wall Street inventing ways to make money that brought this on.

.

[wordpix]

9. as you say, you did not watch it. It was all about the hands-off feds + Wall St. greedmongers

It was a really good report, sorry you missed it.

[Atman]

14. Well okay, it sounds worthwhile.

I'm very surprised. I just don't ever expect to hear anything resembling "truth" from an NBC show unless it's on KO or Rachel's show.

[snappyturtle]

17. If you can....it's being repeated. I expected it to gloss over the financial

industry's role and place the debacle on the home buyers but nope, surprisingly, they didn't!

[A-Long-Little-Doggie]

12. That is exactly what was said in the documentary.

Too bad you missed it. :eyes:

[tooeyeten]

18. some truth in what you say

Bush's name never came up. Neither did the Republican Congress.