Comments on: "Integrity Has Been Stripped From The System" http://housingdoom.com/2008/03/15/integrity-has-been-stripped-from-the-system/ Fri, 18 May 2012 02:39:21 +0000 hourly 1 http://wordpress.org/?v= By: brucewho http://housingdoom.com/2008/03/15/integrity-has-been-stripped-from-the-system/#comment-10939 brucewho Mon, 17 Mar 2008 02:01:54 +0000 http://housingdoom.com/2008/03/15/integrity-has-been-stripped-from-the-system/#comment-10939 This is feeling like science fiction. You know, you can't believe what you're seeing right in front to your eyes. Out of the storm clouds comes this metallic monster and we're all standing in the streets staring as it lets loose it's wrath. War of the Worlds. This is feeling like science fiction. You know, you can’t believe what you’re seeing right in front to your eyes. Out of the storm clouds comes this metallic monster and we’re all standing in the streets staring as it lets loose it’s wrath. War of the Worlds.

]]> By: Deal Hunter http://housingdoom.com/2008/03/15/integrity-has-been-stripped-from-the-system/#comment-10938 Deal Hunter Sun, 16 Mar 2008 00:10:56 +0000 http://housingdoom.com/2008/03/15/integrity-has-been-stripped-from-the-system/#comment-10938 It's the fundamental way credit rating agencies are set up. They are paid by the very entities they rate - hence the giant conflict of interest. I think Kennedy once recommended a tax payer funded rating system - as objective as it can possibly get in this "free" market, but Barry Goldwater shot it down. It’s the fundamental way credit rating agencies are set up. They are paid by the very entities they rate – hence the giant conflict of interest.

I think Kennedy once recommended a tax payer funded rating system – as objective as it can possibly get in this “free” market, but Barry Goldwater shot it down.

]]> By: surak http://housingdoom.com/2008/03/15/integrity-has-been-stripped-from-the-system/#comment-10937 surak Sat, 15 Mar 2008 17:20:39 +0000 http://housingdoom.com/2008/03/15/integrity-has-been-stripped-from-the-system/#comment-10937 The amount of greed, fraud and outright criminal activity was off the charts. The end result is not going to be good. I do feel bad for the innocent people that are/will be hurt by this. Igors word "stupid", which is simplistic terms sums it up. The amount of greed, fraud and outright criminal activity was off the charts. The end result is not going to be good. I do feel bad for the innocent people that are/will be hurt by this.

Igors word “stupid”, which is simplistic terms sums it up.

]]> By: Idaho_Spud http://housingdoom.com/2008/03/15/integrity-has-been-stripped-from-the-system/#comment-10936 Idaho_Spud Sat, 15 Mar 2008 17:12:15 +0000 http://housingdoom.com/2008/03/15/integrity-has-been-stripped-from-the-system/#comment-10936 Well it very likely is CCC, they just want to sell it to John Q's pension plan for the AAA price ;) Well it very likely is CCC, they just want to sell it to John Q’s pension plan for the AAA price ;)

]]> By: oc-ed http://housingdoom.com/2008/03/15/integrity-has-been-stripped-from-the-system/#comment-10935 oc-ed Sat, 15 Mar 2008 14:46:47 +0000 http://housingdoom.com/2008/03/15/integrity-has-been-stripped-from-the-system/#comment-10935 There was a time when people who did this type of thing where tarred and feathered and then run out of town on a rail. Today, sadly, it is these folks who are running our country. Sounds like an old western, but our Lone Ranger just got caught in the brothel. There was a time when people who did this type of thing where tarred and feathered and then run out of town on a rail. Today, sadly, it is these folks who are running our country. Sounds like an old western, but our Lone Ranger just got caught in the brothel.

]]> By: twist http://housingdoom.com/2008/03/15/integrity-has-been-stripped-from-the-system/#comment-10934 twist Sat, 15 Mar 2008 14:33:43 +0000 http://housingdoom.com/2008/03/15/integrity-has-been-stripped-from-the-system/#comment-10934 Entropy- Kind of like watching the Titanic from the Carpathia, isn't it? Entropy-

Kind of like watching the Titanic from the Carpathia, isn’t it?

]]> By: entropy http://housingdoom.com/2008/03/15/integrity-has-been-stripped-from-the-system/#comment-10933 entropy Sat, 15 Mar 2008 13:52:44 +0000 http://housingdoom.com/2008/03/15/integrity-has-been-stripped-from-the-system/#comment-10933 Wow what a mess and we all have front row seats....lucky us Wow what a mess and we all have front row seats….lucky us

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