So just who was it that protected Freddie and Fannie that ultimately triggered the mess we're in now? (D). Who warned trouble was coming? (R) Who blocked efforts in congress to fix it before it happened? (D).

Nicely done Barney! Oh by they way, he's still there running things.

Originally Posted by jebartle

Please explain this. Do you have an example of these roadblocks?

What has Obama done to help us work together?

The financial crisis in the financial markets was caused by the actions of Barney Frank and other Democrat moves and you blame it on the greedy without any examples.

Back up your comments or do not make them.

Cashman, why are you such a hateful little person, be civil....debate is a great thing with out the ZINGERS!

So the GREEDY financial market didn't have anything to do with this collapse, or the deregulation??????....Yea right, Let's blame it on Barney Frank! What a guy!

Only a hateful, uncivil little person would call someone that and also avoid issues by answering a legitimate question with an illigitimate question.

If you refuse to answer questions I suggest you don't raise them.

dklassen, the big sweeping reform of the banking and financial industries the liberals and democrats are patting themselves on the backs for pushing through...doesn't include any regulations regarding Fannie or Freddie. God help us.

Thought I'd give the proof from the left:

http://www.msnbc.msn.com/id/38250967...on_the_economy

Originally Posted by djplong

...Either way, yes, the public debt went up but the holders of many of those notes were the SSA (Social Security Administration)...

What is the difference in debt and deficit?

Originally Posted by bkcunningham1

What is the difference in debt and deficit?

As far as my checking account goes, nothing. If I spend more then what is in there, I will have a deficit and be in debt.

The deficit is what the annual budget is bleeding.

The debt is the total amount of red ink since the Revolutionary War.

Every year the deficit adds to the debt OR, if there is a surplus, that surplus reduces the debt.