This thread is too tedious. Could we please get back to a photography list. Nobody's opinion is changed. Work to solve the problems in front of you with your own hands instead of arguing about speculative futures or pasts. Regards, Bob S.
On Sun, Jan 17, 2010 at 9:17 PM, P. J. Alling <[email protected]> wrote: > On 1/17/2010 9:48 PM, paul stenquist wrote: >> >> On Jan 17, 2010, at 9:26 PM, William Robb wrote: >> >> >>> >>> ----- Original Message ----- From: "paul stenquist" >>> Subject: Re: Moved: denial vs doom (was urbanites vs squirrels) >>> >>> >>> >>> >>>> >>>> Over-regulation has hurt more people and destroyed more economies than >>>> any natural phenomena. >>>> >>> >>> As we found out quite recently, under-regulation can do the same thing in >>> a fairly major way. >>> >>> >> >> Those in favor of more government would have us believe that >> under-regulation caused the meltdown. But it was actually more a matter of >> government pressure to make bad loans. That mistake was the result of a >> well-intentioned effort to make sure that everyone had a home of their own. >> Mortgages for all. Credit ratings be damned. Yes, the banks went along with >> it, and compounded the error by packaging the loans and reselling them, but >> congressional pressure was the motivator. >> Paul >> > > Apparently the banks were misled too, the majority of Bad Loans were from > Fanny and Freddy, who sold them to commercial banks, who were assured of the > soundness of said loans, by officials of Fanny and Freddy. The bankers may > have suspected but hell they were going to resell them anyway... > >> >>> >>> William Robb >>> >>> -- >>> PDML Pentax-Discuss Mail List >>> [email protected] >>> http://pdml.net/mailman/listinfo/pdml_pdml.net >>> to UNSUBSCRIBE from the PDML, please visit the link directly above and >>> follow the directions. >>> >> >> > > > -- > {\rtf1\ansi\ansicpg1252\deff0\deflang1033{\fonttbl{\f0\fnil\fcharset0 > Courier New;}} > \viewkind4\uc1\pard\f0\fs20 I've just upgraded to Thunderbird 3.0 and the > interface subtly weird.\par > } > > > -- > PDML Pentax-Discuss Mail List > [email protected] > http://pdml.net/mailman/listinfo/pdml_pdml.net > to UNSUBSCRIBE from the PDML, please visit the link directly above and > follow the directions. > -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net to UNSUBSCRIBE from the PDML, please visit the link directly above and follow the directions.
