Skip to main content

View Diary: Krugman calls it Panic (193 comments)

Comment Preferences

  •  Isn'i it odd that the Main Stream Media never (11+ / 0-)

    publishes anything like this.

    That total is equal to the nations GDP and no one in the deficit reduction crowd is concerned in the least

    •  I have learned so much over the years about the (7+ / 0-)

      Housing crisis, CDS, MBS, MERS, etc. and it has all been due to the Internet and various bloggers and websites - most importantly Davis Dayan, Yves Smith, numerous Kos bloggers, sites like foreclosure.com and others where one can actually read the PDFs of court cases, etc.

      The MSM doesn't follow these items of SUPREME importance. They don't want to and they don't want their readers knowing what is actually going on. When they do write articles, they are superficial and ignorant and more notable for what they don't write, than what they do.

      The Washington Post a while ago had some of their back page blogger/reporters attempt to write some columns about the Housing Crisis that were truly embarrassing to read for anyone with a scintilla of knowledge about the topic. It was like high school interns got the assignment.

      The MSM is part of the cover-up. And I have to say, so is this administration. The fact that Holder can't find criminal activity when hundreds of instances of it have been reported and referred to them and the fact that the President excuses the banksters behavior as immoral and unethical but NOT illegal is about all you have to know = Part of the problem and not part of the solution. Forget FDR for the moment. We needed Teddy Roosevelt before Franklin to break up cartels and address corporate crime. Where is our Teddy Roosevelt?

      •  Look who owns MERS!! (4+ / 0-)
        Recommended by:
        jamess, cpresley, Eric Nelson, aliasalias
        The following organizations are Shareholders of MERS.

        American Land Title Association
        Bank of America
        CCO Mortgage Corporation
        Chase Home Mortgage Corporation of the Southeast
        CitiMortgage, Inc.
        Commercial Mortgage Securities Association
        Corinthian Mortgage Corporation
        EverHome Mortgage Company
        Fannie Mae
        First American Title Insurance Corporation
        Freddie Mac
        GMAC Residential Funding Corporation
        Guaranty Bank
        HSBC Finance Corporation
        Merrill Lynch Credit Corporation
        MGIC Investor Services Corporation
        Mortgage Bankers Association
        Nationwide Advantage Mortgage Company
        PMI Mortgage Insurance Company
        Stewart Title Guaranty Company
        SunTrust Morgage, Inc.
        United Guaranty Corporation
        Washington Mutual Bank
        Wells Fargo Bank, N.A.
        WMC Mortgage Corporation

        http://www.mersinc.org/...

        Meteor Blades: "Don't tell me what you believe. Tell me what you do and I'll tell you what you believe."

        by cotterperson on Mon Oct 10, 2011 at 09:12:21 AM PDT

        [ Parent ]

    •  The Corporate Media is all we have left. (4+ / 0-)

      Five corporations own almost all of it, and they serve as the public relations arm of the corporatocracy. Without that control (secrecy), they couldn't have pulled off this coup.

      No informed electorate = no democracy.

      Meteor Blades: "Don't tell me what you believe. Tell me what you do and I'll tell you what you believe."

      by cotterperson on Mon Oct 10, 2011 at 09:06:45 AM PDT

      [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site