Is the Liberal idea that all this economic mess due to the greed of Wall St. true?

That is what the politicians are attempting to do is make the big bad evil wall street the fall guy to implement their socialism. I liken it to Hitlers blame of the Jews for all Germany's problems.

We will never "get together" with the cons. They are liars, thieves and baby killers. Cheney, Wolfowitz, Scooter boy and Feith to name a few. They will be brought to justice evenually.

But to your question, no intelligent liberal blames the economic mess on just Wall Street. Lots of other players helped to set up our fall.

Think back to Nixon closing the gold window which turned our currency into a true fiat currency. Then along comes Reagan who set the wheels of the destruction of the middle class in motion, gutting tax revenues to benefit the alreay wealthy, beginning the great shift in the imbalance of wealth that has lead us to this sorry end.

Along comes bush and makes things worse. We have the worst imbalance of wealth now since the beginning of the Great Depression, deja vue all over again.

Greenspan held interest rates low to make bush look good and created the housing insanity. Now repubs want to blame the Fair Housing Act and Rep. Barney Frank when the truth is that Wall Street pushed these trash mortganges on their own.

Sure Fannie and Freddy hold a few of these junk instuments but most of these ended up in the hands of banks, mutual funds, pension funds and investors from around the globe.

So yes, the immediate problem of sub prime loans and the bigger problem of credit default swaps were dreamed up and pushed by Wall Street. They just drove the nail in a system that was already so over burdened with debt it was just waiting for a shoe to drop.

This economic mess is due from an incompetent president who left over a trillion dollars in debt to Obama, but started his presidency with a surplus. Bush and the republicans should be trashed.

No it is the liberal WARPED belief that everyone is entitled to everything....not all can afford to buy a $500,000 home but the Dems FORCED the banks to lend to those people anyway....that caused the collapse

You don't need to post this often. Save yourself some time. It's already been posted within the last 5 minutes. We understand.

The mess on economy began with Freddie and Fannie with Barney Frank just months before Freddie and Fanny went ,Frank was saying all is good no problems with Freddie and Fanny.

Mr. Peabody, I remember you on tv, We live in a crazy Time enjoy what time we have left.

wall street = legalized gambling

the house was cheating, burn it down!