Don’t worry, the people responsible in 2008 were held accountable. They also didn’t profit massively off the economic collapse. Frodo also got the ring to Mordor. He had some help, but the ring was ultimately destroyed.
In the years that followed, hundreds of bankers and rating agency executives went to jail. The SEC was completely overhauled, and Congress had no choice but to break up the big banks and regulate the mortgage and derivatives industries.
Just kidding. Banks took the money the American people gave them, and they used it to pay themselves huge bonuses, and lobby the Congress to kill big reform. And then they blamed immigrants and poor people, and this time even teachers.
They blamed all the foreclosees loudly and publicly despite it being their own fault, while they got bailed out on our tax dollars. Insult to injury the rich blaming the foreclosees hardly even pay any taxes.
I thought his biggest failure was his raining hellfire on whistleblowers, kids protesting, and immigrants, but I’m willing to debate this. The real sting is that we had such high hopes and we got …that, instead, and then Biden after. I was so happy when Obama was elected the first time.
For the most part, as usual the democrats did even worse than I thought they would, but I also called that, but they did worse than even I knew they would do worse.
2008 calling? 📞 ✨
2008 will be a nice memory compared to what’s coming
Yeah, this will be like 2008+dotcom×2
I saw someone break down this bubble vs 08 and IIRC it’s something like 10x.
You’re actually correct. These mfs gonna make us all fucking starve. Fuck billionaires.
2008 USA had the financial means to avoid the worst. This isn’t the case anymore.
Don’t worry, the people responsible in 2008 were held accountable. They also didn’t profit massively off the economic collapse. Frodo also got the ring to Mordor. He had some help, but the ring was ultimately destroyed.
My favorite quote from The Big Short:
They blamed all the foreclosees loudly and publicly despite it being their own fault, while they got bailed out on our tax dollars. Insult to injury the rich blaming the foreclosees hardly even pay any taxes.
Obama’s biggest failures are not going after these fuckers and the W war criminals
I thought his biggest failure was his raining hellfire on whistleblowers, kids protesting, and immigrants, but I’m willing to debate this. The real sting is that we had such high hopes and we got …that, instead, and then Biden after. I was so happy when Obama was elected the first time.
2009 should have been the end of trying to “reach across the aisle.” 2010 should have been the end of the filibuster.
HOPE was his campaign slogan, after all…
I never had high hopes, sadly I called it.
For the most part, as usual the democrats did even worse than I thought they would, but I also called that, but they did worse than even I knew they would do worse.
Dr. Burry! If the investors withdraw, what’s gonna happen here? Are we done?
Honestly, I don’t know! The… the… The bonds aren’t going down! They won’t move! It’s possible that we are in a completely fraudulent system.
Or… you’re, you’re wrong.
Sure! It’s possible, I just don’t know how!
You’ll never guess Burry’s current companies he’s shorting lol
So true, and God damn so effective.
One brown man faced legal consequences for the 2008 crash. One brown man.
Who was held responsible? That was a big joke.
Sauron
One part of that is just a story. As for the other part: I’m glad Frodo made it with help from his friends.
Marge is calling
The Simpsons prove to be good prophets again.