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View Poll Results: Point your finger
Obama's policies 14 25.00%
Bush's policies 13 23.21%
Allen greenspan 13 23.21%
Ben Bernake 7 12.50%
The fractional index 3 5.36%
Reaganonmics 6 10.71%
Keynesian theory 4 7.14%
The U.S. Treasury 5 8.93%
The Federal Reserve 12 21.43%
The cyclical nature of economies 9 16.07%
China 4 7.14%
America's switch from an industrial base to a service base 13 23.21%
The housing bubble 13 23.21%
Exotic loans/mortgages 17 30.36%
Shady loan practices 17 30.36%
Shady housing appraisals 10 17.86%
Shady rating institutions 8 14.29%
Greedy banks/bankers 15 26.79%
Mass media 8 14.29%
The Illuminati 3 5.36%
The average American's stupidity 26 46.43%
The average American's greed 17 30.36%
The average American's inability to read important financial documents 14 25.00%
Siegfried and Roy's Tiger 3 5.36%
Other 5 8.93%
Multiple Choice Poll. Voters: 56. You may not vote on this poll

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Old 03-01-2009, 11:20 AM
 
Location: Sitting on a bar stool. Guinness in hand.
4,429 posts, read 5,514,196 times
Reputation: 1697

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OK I'm kind of feeding of the Be Aware tread Harry chickpea put out here where the political meets the business.
http://www.city-data.com/forum/busin...971-aware.html

Now I understand that people like to point the finger of blame at someone or something, even if the most of situation was caused by their (society as a whole) hand. Though honestly I find that it really not that easy to just point the finger at one person, institution, administration, or monetary system. Basically what I'm saying is that just saying that one person or set of polices, etc, etc. does not deserve all the blame for our current situation.

But I'll tell you what. I put a poll out to see where our mind set is overall. I will make the poll with the ability to choose more than one answer. Also I would ask if people do answer to other (something I may have missed on polling consideration) please stipulate what "other" is and why you have chosen it.

Thank You

Last edited by baystater; 03-01-2009 at 11:42 AM..
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Old 03-01-2009, 03:36 PM
 
8,649 posts, read 14,921,407 times
Reputation: 4563
The average American's stupidity
The average American's greed
The average American's inability to read

The average American did not buy a home they could not pay for. It was the below average American that did.
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Old 03-01-2009, 04:22 PM
 
Location: FL
1,137 posts, read 2,302,690 times
Reputation: 787
The Community Investment Act,CIA, form Robert Rubin in the Clinton Administration, EVERYONE HAS A RIGHT TO A HOME thinking, plus the subsequent greed of lenders and the lack of oversight by the benefactors of the Fanniemae, BO for one. And that NY gay guy Barnie Franlk who never did anything but complain about the conservatives, instead of his job in oversight...
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Old 03-01-2009, 05:27 PM
 
6,585 posts, read 22,441,321 times
Reputation: 3170
I voted for the Average American's Stupidity, but you can delete the word Average. The greed is at all levels. Below average American's, above average Americans...
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Old 03-01-2009, 06:20 PM
 
16,755 posts, read 19,009,976 times
Reputation: 6842
So far top 3 is...

American stupidity
American greed
Obama policies...

And what are we doing? We are trying to continue all three... ironic....
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Old 03-01-2009, 06:30 PM
 
Location: Dixie's Sunny Shore
1,366 posts, read 2,851,261 times
Reputation: 817
Quote:
Originally Posted by Houston3 View Post
The average American's stupidity
The average American's greed
The average American's inability to read

The average American did not buy a home they could not pay for. It was the below average American that did.
Bingo. The people who wanted everything and didn't have the money were foolish since they couldn't afford it, yet the people who enabled them to get what they wanted were just as guilty. Greed and stupidity make an awful team.
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Old 03-01-2009, 07:56 PM
 
16,755 posts, read 19,009,976 times
Reputation: 6842
Its okay to be greedy, just be sure you can handle the consequences of your actions... if your greediness led you to lose your house, that's your fault... unfortunately, most of the greedy homeowners were better off living in their apartments, they could of built a nice nest egg instead of paying for a mortgage... they squandered it all, but don't worry Obama is trying to save what's left of their disaster... only problem is he is saving their fortunes by giving my tax dollars... not to happy about that...
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Old 03-01-2009, 10:26 PM
 
2,024 posts, read 4,486,893 times
Reputation: 1992
Reagonomics started us off in this direction. Phil Gramm should also be on here.
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Old 03-02-2009, 06:09 AM
 
705 posts, read 1,146,774 times
Reputation: 427
Average american's stupidity could almost be classified as "all the above". We elect 'em, they shaft us, and then we re-elect 'em
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Old 03-02-2009, 06:32 AM
 
12,870 posts, read 12,814,612 times
Reputation: 4446
Quote:
Originally Posted by jimmyP View Post
Average american's stupidity could almost be classified as "all the above". We elect 'em, they shaft us, and then we re-elect 'em
i have to say that i pretty much agree with this one, although americans don't seem to be getting enough information out there to make their decisions so it is not just stupidity but misinformation. most americans are too busy working and trying to get by that they don't have the time to do their own investigative work on all of the crooked candidates. we always seem to wind up with a choice between two corrupt politicians in every election anymore and a mostly corrupt congress because of all of the lobbyists and all the money floating around washington.
i have to say that i was shocked that the bailout politicians were reelected!
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