Wednesday, February 18, 2009

Time Magazine's list of 25 culprits in the financial meltdown

Time Magazine has come up with a list of players who they believe are responsible for the economic mess we're in. Who's responsible? Maybe more to the point is who they left out.

Democratic politicians Christopher Dodd (who protected the finance and hedge fund industry from regulation from his perch as Chairman of the Senate Banking Committee) and Barney Frank (chairman of the Financial Services Committee who pressured financial committees and promoted legislation to expand homeownership to people who were incapable of meeting their debt obligations) aren't on the list.

Who's on the list? A boat load of Republicans and the founder of HGTV - after all, he "stoked desire" for home ownership...

[that's Time]

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